U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 9.9 million barrels from the previous week. At 416.6 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year.

Total motor gasoline inventories increased by 1.2 million barrels last week and are about 6% above the five year range. Finished gasoline inventories decreased while blending components inventories increased last week.

Distillate fuel inventories remained unchanged last week and are about 14% below the five year average for this time of year. Propane/propylene inventories increased by 4.3 million barrels last week and are about 12% below the five year average for this time of year. Total commercial petroleum inventories decreased by 4.6 million barrels last week.