US commercial crude oil stocks fell by 0.9 million barrels in the week ended Oct. 30 to 409.8 million barrels, the Energy Information Administration said.
Commercial inventories, which exclude the government's Strategic Petroleum Reserve, were 11.4 million barrels below the same week a year earlier. That put stocks 2.7% below their year-earlier level.
The Strategic Petroleum Reserve held 282.2 million barrels, down 0.4 million barrels from the previous week. The reserve was 127.4 million barrels, or 31.1%, below its level a year earlier.
Combined commercial and reserve crude holdings stood at 691.9 million barrels. They fell 1.3 million barrels, or 0.2%, from the previous week and 138.8 million barrels, or 16.7%, from a year earlier.
Gasoline inventories fell 0.2 million barrels to 209 million barrels, a weekly decline of 0.1%. They were 2.9 million barrels, or 1.4%, above the same week last year.
Distillate fuel oil stocks fell 3.6 million barrels to 99.3 million barrels, down 3.5% from the previous week. They were 12.3 million barrels, or 11%, below their year-earlier level.
Domestic crude production averaged 14 million barrels a day, compared with 13.99 million in the previous week. Output averaged 13.65 million barrels a day in the same week a year earlier.
Refineries processed 16.73 million barrels of crude a day, up from 16.53 million in the previous week. Their crude input averaged 15.26 million barrels a day a year earlier.
Net imports, including flows involving the strategic reserve, averaged 2.7 million barrels a day. That compared with 1.52 million in the previous week and 1.56 million a year earlier.
Daily spot prices for West Texas Intermediate crude at Cushing and Brent crude in Europe were unavailable through FRED. Prices for both benchmarks one week earlier were also unavailable.
Jet fuel stocks fell 0.4 million barrels to 41.8 million barrels, a weekly decline of 1%. They were 0.1 million barrels, or 0.2%, above their year-earlier level.
Propane and propylene inventories fell 1.6 million barrels to 104.1 million barrels, down 1.5% over the week. They were 2 million barrels, or 1.9%, below the same week last year.
Total petroleum stocks, including the strategic reserve, fell 8.6 million barrels to 1,486.6 million barrels. The weekly decline was 0.6%, while holdings were 192.4 million barrels, or 11.5%, below a year earlier.
