Commodities July 8, 2026 11:02 AM

U.S. Petroleum Product Exports Hit Weekly Record as Inventories Slip

EIA data show exports at 8.73 million bpd for week ending July 3, while crude and regional distillate stocks fall to multi-year lows

By Hana Yamamoto
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U.S. energy companies exported a record 8.73 million barrels per day of total petroleum products in the week ended July 3, according to the Energy Information Administration's weekly Petroleum Status Report. The export pace exceeded the previous weekly high of 8.22 million barrels per day recorded in early May. At the same time, U.S. crude inventories - including the Strategic Petroleum Reserve - fell to their lowest level since May 1984, and East Coast distillate stocks dropped to their lowest since May 2022. Weekly field production rose to its highest level since reaching a record in November 2025.

U.S. Petroleum Product Exports Hit Weekly Record as Inventories Slip
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Key Points

  • U.S. total petroleum product exports reached 8.73 million barrels per day in the week ended July 3, a weekly record above the early May mark of 8.22 million barrels per day. - Sectors impacted: energy producers, exporters, shipping.
  • U.S. crude inventories, including the Strategic Petroleum Reserve, dipped to their lowest level since May 1984, signaling reduced measured onshore crude volumes. - Sectors impacted: refining, storage, commodity markets.
  • East Coast distillate stocks fell to their lowest level since May 2022, while weekly field production rose to its highest level since a November 2025 record. - Sectors impacted: regional fuel supply, transportation fuels, upstream producers.

U.S. energy companies recorded a new weekly high for exports of total petroleum products in the week ended July 3, the Energy Information Administration reported Wednesday. Exports reached 8.73 million barrels per day, topping the previous weekly record of 8.22 million barrels per day set in early May.

The EIA's weekly Petroleum Status Report also showed U.S. crude inventories - measured including volumes in the Strategic Petroleum Reserve - fell to their lowest level since May 1984 during the same reporting week. The agency highlighted regional inventory pressures as well, noting that distillate stocks on the East Coast declined to their lowest point since May 2022.

Alongside these inventory moves, the EIA reported that weekly field production increased to its highest level since hitting a record in November 2025. The dataset presents a combination of elevated outbound flows of petroleum products and tighter measured inventories for crude and certain refined fuels in the latest reporting period.

The EIA figures offer a snapshot of flows and stock levels for the week ended July 3. The data point to a simultaneous rise in exports and a drawdown of crude and regional distillate inventories as of the most recent weekly report. The EIA published these results on Wednesday as part of its routine weekly statistical release.

This report provides discrete weekly measures rather than longer-term trend analysis. The EIA's numbers record the export total of 8.73 million barrels per day, the prior weekly export record of 8.22 million barrels per day from early May, the lowest recorded U.S. crude inventories since May 1984, the East Coast distillate stock low since May 2022, and the rise in weekly field production to the highest level since the November 2025 record.


Data points reported by the EIA

  • Total petroleum product exports: 8.73 million barrels per day (week ended July 3).
  • Previous weekly export record: 8.22 million barrels per day (early May).
  • U.S. crude stocks, including the Strategic Petroleum Reserve: lowest since May 1984.
  • East Coast distillate stocks: lowest since May 2022.
  • Weekly field production: highest since reaching a record in November 2025.

Risks

  • Lower reported crude inventories, including SPR volumes, create a tighter measured stock baseline, introducing uncertainty for markets and supply planning in energy and commodities sectors.
  • Reduced East Coast distillate stocks constitute a regional supply vulnerability for distillate-dependent sectors and markets.
  • The concurrence of record exports and declining inventories suggests narrower domestic buffer levels, which may increase sensitivity to supply disruptions in energy and refining sectors.

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