Commodities Buzz: US Crude oil imports up 7.5% on year in last four weeks, says EIA

EIA stated yesterday that for the week ending September 11, 2026, US refineries processed 17.3 million barrels per day (b/d), down 256,000 b/d from the previous week, at 96.8% capacity utilization. Gasoline output averaged 9.6 million b/d, and distillate production decreased to 5.2 million b/d. Crude oil imports increased 234,000 b/d to 7.1 million b/d, and the four- week average of 6.7 million b/d is 7.5% above the year-ago level. Gasoline imports averaged 537,000 b/d; distillate imports averaged 114,000 b/d.

Commercial crude oil inventories (excluding the Strategic Petroleum Reserve) decreased 0.6 million barrels to 423.4 million barrels, 1% above the five-year average. Gasoline inventories increased 0.8 million barrels, 5% below the five-year average. Distillate inventories increased 1.6 million barrels, 13% below the five-year average. Propane/propylene inventories decreased 1.4 million barrels, 22% above the five-year average. Total commercial petroleum inventories increased by 2.6 million barrels for the week.

Over the past four weeks, total product supplied averaged 20.5 million b/d, down 0.6% year over year. The four-week average for gasoline product supplied decreased 1.0% year over year to 8.8 million b/d, while the four-week average for distillate product supplied decreased 3.3% to 3.6 million b/d. The four-week average for jet fuel product supplied increased 4.4% year over year.

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