03 January 2014 18:58 [Source: ICIS news]
HOUSTON (ICIS)--US finished motor gasoline consumption rates fell for the week ended 27 December, causing inventories to rise, the US Energy Information Administration (EIA) said on Friday.
Meanwhile, refinery utilisation rates fell slightly to 92.4% from 92.7% the week prior.
Gasoline production declined to 9.002m bbl/day, a drop of 914,000 bbl/day.
Imports of the product were 239,000 bbl/day lower at 247,000 bbl/day, while exports held steady at 498,000 bbl/day.
Finished gasoline refers to the stage in the supply chain at which it reaches primary sources, such as blenders and terminals, before delivery to retail stations.
?xml:namespace> 6-Dec 13-Dec 20-Dec 27-Dec Gasoline Stocks 219.1 220.5 219.9 220.7 m bbl Gasoline consumption 8,348 9,016 9,176 8,893 bbl/d * *Figures are in thousand bbl
*Figures are in thousand bbl
Follow Anna on Twitter
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections