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Weekly Petroleum Review

July 30, 1987

WASHINGTON (AP) _ Total crude oil runs to stills averaged 13,386,000 barrels daily during the week ended Friday, July 24, the American Petroleum Institute reported Thursday. This compared with 13,419,000 barrels daily in the previous week and 12,953,000 barrels daily a year ago.

Crude runs east of California averaged 10,849,000 barrels daily compared with 10,878,000 the previous week and 10,488,000 a year ago.

Motor gasoline production for the latest week amounted to 7,133,000 barrels a day, compared with 7,175,000 barrels a day in the previous week and 7,020,000 a day a year ago.

East of California motor gasoline production was 5,928,000 a day compared with 5,984,000 a day last week and 5,772,000 a day a year ago.

Motor gasoline stocks at the end of the latest week were 226,758,000 barrels, versus 229,905,000 a week earlier and 222,060,000 a year ago.

East of California motor gasoline stocks totaled 194,844,000 barrels, compared with 197,780,000 in the previous week and 192,982,000 barrels last year.

Daily average gross crude and lease condensate production for the week ended Friday was 8,288,000 barrels compared with 8,660,000 last year.

Crude stocks totaled 321,865,000 barrels at the close of last week, against 317,449,000 a week previous and 326,252,000 a year ago.

East of California crude stocks amounted to 244,421,000 barrels, compared with 241,553,000 a week earlier.

Daily imports east of California for the week ended Friday were crude oil, 5,005,000 barrels, residual fuel oil, 532,000, distillate fuel oil, 424,O00, and others 1,041,000, a total of 7,002,000 barrels.

California imports were: crude oil 219,000 barrels, and products 22,000, a total of 241,000 barrels, for a grand total of 7,243,000.

For the four weeks, daily imports east of California were crude oil 4,842,000 barrels, residual fuel oil 345,000, distillate fuel oil 162,000, and others 555,000, for a total of 5,904,000 barrels.

For the four weeks, California daily imports averaged for crude oil 171,000 barrels, products 70,000, a total of 241,000 barrels, for a grand total of 6,145,000 barrels.

The following table shows comparative daily production of the other principal refined products for the U.S. as a whole and east of California. Also shown are the comparative stock totals for certain refined products. Weekly Refinery Production (In thousands of Barrels Daily) Jet Fuel Total U.S. (Kero-type) Weeks ended: Latest week $ 1,155 Prevs week $ 1,201 Year ago $ 1,112$x

East of California: Latest week $ 812 Prevs week $ 857 Year ago $ 842$x Light Fuel Oil Heavy Fuel Oil (Distillate Residual Unfinished

Weeks ended: Latest week $ 2,788 933 Prevs week $ 2,587 940 Year ago $ 2,788 861$x

East of California: Latest week $ 2,386 571 Prevs week $ 2,207 555 Year Ago $ 2,339 507$x Stocks. (In thousands of barrels). Jet Fuel

Weeks ended: Latest week $ 41,131 Prevs week $ 39,347 Year ago $ 41,916$x

East of California Latest week $ 34,900 Prevs week $ 33,609 Year ago $ 35,678$x Distillate Residual Unfinished Fuel Oil Fuel Oil..Oil

Weeks ended: Latest week $ 112,275 42,944 102,571 Prevs week $ 109,246 41,397 104,500 Year ago $ 109,776 40,235 107,761$x

East of California Latest week $ 102,360 35,073 79,232 Prevs week $ 99,604 34,063 80,879 Year Ago $ 100,187 31,278 81,761$x

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