Crude oil stockpiles in the United States decreased by 1.5 million barrels to 452.2 million barrels in the week ending June 30, the US Energy Information Administration said in its weekly report on Thursday. Total commercial petroleum inventories were down by 2.8 million barrels.
Crude oil refinery inputs averaged 16 million barrels per day during the same week, 224,000 barrels per day less than the previous week's average. Gasoline production rose last week, averaging 10.3 million barrels per day, while refineries operated at 91.1% of their operable capacity in the same period.
Meanwhile, crude oil imports averaged 7 million barrels per day last week, up by 459,000 barrels compared to the previous week.