U.S. Crude Oil Exports Decline 666,100 Barrels/Day to 4.008M bbl/Day in Week of June 26, EIA Reports

According to the U.S. Energy Information Administration's weekly report, U.S. crude oil exports fell by 666,100 barrels per day to 4.008 million barrels per day in the week of June 26, while domestic crude oil production decreased by 9,000 barrels to 13.81 million barrels per day.

Excluding strategic reserves, commercial crude oil inventories declined by 3.775 million barrels to 408 million barrels. The four-week average crude oil product supply rose to 20.638 million barrels per day, up 1.73% year-over-year.