Group 1: Report Core View - In the week ending September 12, US commercial crude oil inventories decreased by 9.285 million barrels, mainly due to a significant increase in net crude oil exports of 3.111 million barrels per day. Single - week imports dropped to the lowest level in the same period in five years, while exports reached the highest level in the same period in five years. Single - week crude oil production slightly declined by 13,000 barrels per day to 13.482 million barrels per day, and the refinery utilization rate fell from 94.9% to 93.3%, remaining at a relatively high level in the same period. Gasoline inventories decreased, but diesel inventories continued to accumulate, and the total inventories of crude oil and petroleum products continued to rise from a high level [4]. Group 2: Data Summary Inventory Data (in million barrels) - US commercial crude oil inventory change: - 9.285 (previous value: + 3.939) [6] - US Cushing crude oil inventory change: - 0.296 (previous value: - 0.365) [6] - US strategic petroleum inventory change: + 0.504 (previous value: + 0.514) [6] - US gasoline inventory change: - 2.347 (previous value: + 1.458) [6] - US diesel inventory change: + 4.046 (previous value: + 4.715) [6] - US jet fuel inventory change: + 0.632 (previous value: + 0.474) [6] - US fuel oil inventory change: - 0.409 (previous value: + 1.297) [6] - US crude oil and petroleum product inventory change (excluding SPR): + 1.171 (previous value: + 15.43) [6] Production, Demand and Trade Data (in thousand barrels per day) - US crude oil production: 13,482 (previous value: 13,495) [6] - US refined product apparent demand: 20,637 (previous value: 19,781) [6] - US gasoline apparent demand: 8,810 (previous value: 8,508) [6] - US diesel apparent demand: 3,621 (previous value: 3,377) [6] - US crude oil imports: 5,692 (previous value: 6,271) [6] - US crude oil exports: 5,277 (previous value: 2,745) [6] - US refinery crude oil processing volume: 16,424 (previous value: 16,818) [6] - US refinery utilization rate (%): 93.3 (previous value: 94.9) [6]

Core Insights - The U.S. has become a net exporter of crude oil from Nigeria, marking a significant shift in trade dynamics [1] Industry Summary - The U.S. Energy Information Administration reports that the U.S. has achieved a status as a net exporter of Nigerian crude oil, indicating a change in the global oil supply chain [1]