U.S. Crude Exports Fall 746K bbl/d, Domestic Production Rises 50K bbl/d in Week of July 3: EIA

According to EIA data released as of the week of July 3, U.S. crude oil exports declined 746,000 barrels per day to 3.262 million bbl/d, while domestic production increased 50,000 barrels to 13.86 million bbl/d. Strategic Petroleum Reserve (SPR) inventory fell 6.166 million barrels to 319.5 million barrels, a decline of 1.89%. Commercial crude inventories excluding SPR rose 2.998 million barrels to 411 million barrels. Crude imports increased 350,000 bbl/d to 5.629 million bbl/d.
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