a closed petrol pump is seen in chuquiaguillo on the outskirts of la paz bolivia november 17 2019 reutersdavid mercadofile photo sept 1 reuters  us crude stocks dropped sharply while petroleum products supplied by refiners hit an alltime record despite the rise in coronavirus cases nationwide the energy information administration said on wednesday crude inventories usoilceci fell by 72 million barrels in the week to aug 27 to 4254 million barrels compared with analysts expectations in a reuters poll for a 31 millionbarrel drop product supplied by refineries a measure of demand rose to 228 million barrels per day in the most recent week thats a oneweek record and signals strength in consumption for diesel gasoline and other fuels by consumers and exporters the fourweek average rose to 214 million bpd highest since september 2019 total products supplied increased a fair amount thats surprising to me as we see product demand remaining robust despite some of the delta variant concerns said tony headrick analyst at chs hedging next weeks figures are likely to be skewed by the drop in offshore output due to hurricane ida which has also shut numerous refineries on the us gulf coast us production rose to 115 million barrels per day highest since may 2020 even though weekly output figures are volatile and analysts generally rely more on monthly data from eia on production refinery crude runs usoicreci fell by 134000 barrels per day in the last week eia said refinery utilization rates usoirueci fell by 11 percentage points in the week as the summer driving season wanes and the lessactive turnaround season approaches many refiners delayed maintenance last year due to a lack of workers related to covid19 us gasoline stocks usoilgeci rose by 13 million barrels in the week to 2272 million barrels the eia said compared with expectations for a 16millionbarrel drop​ distillate stockpiles usoildeci which include diesel and heating oil fell by 17 million barrels versus expectations for a 650000barrel drop net us crude imports usoicieci fell last week by 45000 barrels per day eia said oil prices remained lower on the day us crude fell 11 or 81 cents to 6769 a barrel as of 1053 am edt 1453 gmt brent dropped 74 cents or 1 to 7090 a barrel