06 November 2013 16:34 [Source: ICIS news]
HOUSTON (ICIS)--Lower US jet fuel consumption rates led to an increase in inventories for the week ended 1 November, the US Energy Information Administration (EIA) said on Wednesday.
Consumption rates of the product fell 26% to 1.233m bbl/day, the EIA said.
Accordingly, jet fuel inventories were 1m bbl higher at 39.5m bbl.
Meanwhile, production rates were at 1.484m bbl/day, an increase of 44,000 bbl/day.
Exports held steady at 165,000 bbl/day, while imports fell by 27,000 bbl/day to 53,000 bbl/day.
Refinery utilization rates were 0.5 percentage points lower at 86.8% for the week ended 1 November.
?xml:namespace> 11-Oct 18-Oct 25-Oct 1-Nov Jet Fuel Stocks 40.6 40.7 38.5 39.5 m bbl Jet Fuel Consumption 1,369 1,348 1,671 1,233 bbl/d * *Figures are in thousand bbl
Jet Fuel Stocks
Jet Fuel Consumption
*Figures are in thousand bbl
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