Crude Oil Summary (EIA)
U.S. crude oil refinery inputs averaged 16.0 million barrels per day during the week ending April 17, 2026, which was 55 thousand barrels per day less than the previous week’s average. Refineries operated at 89.1% of their operable capacity last week. Gasoline production increased last week, averaging 10.1 million barrels per day. Distillate fuel production increased, averaging 5.0 million barrels per day. U.S. crude oil imports averaged 6.1 million barrels per day last week, increased by 787 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.0 million barrels per day, 0.4% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 587 thousand barrels per day, and distillate fuel imports averaged 190 thousand barrels per day. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.9 million barrels from the previous week. At 465.7 million barrels, U.S. crude oil inventories are about 3% above the five-year average for this time of year. Total motor gasoline inventories decreased by 4.6 million barrels from last week and are 0.5% below the fiveyear average for this time of year. Finished gasoline inventories increased, while blending component inventories decreased last week. Distillate fuel inventories decreased by 3.4 million barrels last week and are about 8% below the five-year average for this time of year. Propane/propylene inventories increased by 2.1 million barrels from last week and are 69% above the fiveyear average for this time of year. Total commercial petroleum inventories decreased by 1.8 million barrels last week. Total products supplied over the last four-week period averaged 20.5 million barrels per day, up by 3.0% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.8 million barrels per day, up by 1.7% from the same period last year. Distillate fuel product supplied averaged 4.0 million barrels per day over the past four weeks, up by 3.4% from the same period last year. Jet fuel product supplied was down 6.5% compared with the same four-week period last year. The price for West Texas Intermediate crude oil was $85.91 per barrel on April 17, 2026, $12.43 less than a week ago. The New York Harbor spot price for conventional gasoline was $3.034 per gallon, $0.031 more than the weekago price. The spot price for No. 2 heating oil at New York Harbor was $3.343 per gallon, $0.297 less than the price last week. The national average retail price for regular gasoline decreased to $4.044 per gallon on April 20, 2026, $0.079 less than last week’s price, and $0.903 more than the year-ago price. The national average retail diesel fuel price decreased $0.205 to $5.403 per gallon, $1.869 more than the price one year ago.