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Crude Oil Inventory Watch: Week Ending 6/11/2010

By Sumit Roy,
17 June 2010 02:27 GMT

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• Gasoline demand over the last four weeks averaged 9.2 million barrels per day, 1.1% lower than same period a year ago. Distillate demand averaged 4.0 million barrels per day, up 12.5% year-over-year. Total Petroleum demand averaged 19.6 million barrels, up 6.2% y-o-y.

• Crude Oil Production totaled 5.503 million barrels per day, up 1.1% week-over-week. Natural gas plant liquids production was 2.003 million barrels per day and renewable fuels production was 0.866 million barrels per day.

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• Crude Oil Inventories at the NYMEX delivery point Cushing, Oklahoma rose by 0.2 million barrels.

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17 June 2010 02:27 GMT