U.S. crude oil refinery inputs averaged 16.9 million barrels per day during the week ending December 5, 2025, which was 17 thousand barrels per day less than the previous week’s average. Refineries operated at 94.5% of their operable capacity last week. Gasoline production decreased last week, averaging 9.6 million barrels per day. Distillate fuel production increased by 380 thousand barrels per day last week, averaging 5.4 million barrels per day. U.S. crude oil imports averaged 6.6 million barrels per day last week, increased by 609 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.2 million barrels per day, 7.7% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 659 thousand barrels per day, and distillate fuel imports averaged 181 thousand barrels per day. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.8 million barrels from the previous week. At 425.7 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year. Total motor gasoline inventories increased by 6.4 million barrels from last week and are about 1% below the five year average for this time of year. Finished gasoline and blending components inventories increased last week. Distillate fuel inventories increased by 2.5 million barrels last week and are about 7% below the five year average for this time of year. Propane/propylene inventories decreased 1.8 million barrels from last week and are about 15% above the five year average for this time of year. Total commercial petroleum inventories decreased by 3.2 million barrels last week. Total products supplied over the last four-week period averaged 20.4 million barrels a day, up by 1.6% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.5 million barrels a day, down by 1.3% from the same as the last year period. Distillate fuel product supplied averaged 3.7 million barrels a day over the past four weeks, up by 3.4% from the same period last year. Jet fuel product supplied was down 0.8% compared with the same four-week period last year. The price for West Texas Intermediate crude oil was $60.23 per barrel on December 5, 2025, $1.65 more than a week ago, and $8.35 less than a year ago. The New York Harbor spot price for conventional gasoline was $1.844 per gallon, $0.035 less than a week ago, and $0.144 less than the year-ago price. The spot price for No. 2 heating oil at New York Harbor was $2.270 per gallon, $0.043 more than a week ago, and $0.221 more than the price last year. The national average retail price for regular gasoline decreased to $2.940 per gallon on December 8, 2025, $0.045 less than last week’s price, and $0.068 less than the year-ago price. The national average retail diesel fuel price decreased $0.093 to $3.665 per gallon, $0.207 less than the price one year ago.
CRUDE OIL WEEKLY UPDATE (Week Ending 12-12-25)
- Crude Oil, Natural Gas & Crude Oil Weekly Update
- Published on
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