Crude Oil Summary (EIA)

For the week ending October 09, 2026, U.S. refineries processed 16.6 million barrels per day (b/d), up 135,000 b/d from the previous week, at 93.5% capacity utilization. Gasoline output averaged 9.2 million b/d, and distillate production decreased to 5.2 million b/d. Crude oil imports decreased 791,000 b/d to 6.0 million b/d, although the four-week average of 6.1 million b/d is 0.9% above the year-ago level. Gasoline imports averaged 508,000 b/d; distillate imports averaged 145,000 b/d. Commercial crude oil inventories (excluding the Strategic Petroleum Reserve) decreased 8.6 million barrels to 415.6 million barrels, 3% below the five-year average. Gasoline inventories increased 3.5 million barrels, 4% below the five-year average. Distillate inventories decreased 2.5 million barrels, 12% below the five-year average. Propane/propylene inventories decreased 1.5 million barrels, 15% above the five-year average. Total commercial petroleum inventories decreased by 13.4 million barrels for the week. Over the past four weeks, total product supplied averaged 21.1 million b/d, up 2.0% year over year. The four-week average for gasoline product supplied decreased 0.4% year over year to 8.7 million b/d, while the four-week average for distillate product supplied decreased 0.2% to 4.0 million b/d. The four-week average for jet fuel product supplied increased 2.3% year over year.