EIA: Commercial crude oil inventories increased by 1.2 million barrels from previous week

Below are the key takeaways from the weekly report published by the U.S. Energy Information Administration.

• U.S. crude oil refinery inputs averaged 17.7 million barrels per day during the week ending June 29, 2018, which was 163,000 barrels per day less than the previous week’s average. 
• U.S. crude oil imports averaged 9.1 million barrels per day last week, up by 699,000 barrels per day from the previous week.
• U.S. commercial crude oil inventories increased by 1.2 million barrels from the previous week.
• Total products supplied over the last four-week period averaged 20.9 million barrels per day, up by 1.4% from the same period last year.