US fuel production and supply rise in October
The US has produced 8% more fuel oil per day on average in October so far compared to September, according to the Energy Information Administration (EIA). Changes in monthly US residual fuel oil from September to October (thus far): • Production up 28,000 b/d to 374,000 b/d • Supply up 15,000 b/d to 306,000 b/d ...
In October, US fuel production and supply have risen compared to September, according to the Energy Information Administration (EIA). Average daily fuel oil production increased by 8% from September to October (thus far), with a 28,000 barrel/day (b/d) rise to 374,000 b/d. Supply also increased by 15,000 b/d to 306,000 b/d, while imports grew by 121,000 b/d to 271,000 b/d.
Fuel oil stored by US entities has expanded in October so far, with supplies reaching 306,000 b/d, up from 291,000 b/d in September. US refineries produced an additional 28,000 b/d of fuel oil this month, and total US fuel oil stocks rose by 825,000 barrels on a monthly basis, averaging 23.88 million barrels.
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