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J.P. Morgan

July 1, 2026

EIA Weekly Data Key Takeaways

Weekly UpdateCommoditiesEnergy

This report details U.S. petroleum inventory and production data for the week of June 26, 2026. Commercial crude and gasoline stocks experienced draws, while diesel inventories saw a build.

Key Takeaways

  • 1.Commercial crude inventories drew for the tenth consecutive week by 3.775 million barrels.
  • 2.Gasoline inventories drew by 2.333 million barrels, while diesel inventories built by 2.483 million barrels.
  • 3.Total U.S. refinery utilization increased 50 basis points to 96.6%, driven by higher refinery runs.

Table of Contents

  • EIA Weekly Data
  • Oil & Gas Exploration & Production
  • Analyst Certification
  • Important Disclosures

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Authors

Arun JayaramPankaj BhatterKartikey H Pandey

Securities

VLOMPCPSX

Themes

Energy Inventory ManagementRefinery Utilization

Regions

North AmericaUnited States