Crude oil prices slipped just immediate after the EIA report that showed the US Crude oil inventories rose by 7.9mb to 446.8mb in the week ending November 01, 2019, which is 3% above from its 5-Year average for this time of the year.
 
Gasoline inventories decreased by 2.8 million barrels last week, which is about 1% below the five year average for this time of year.  
Distillate fuel inventories decreased by 0.6 million barrels last week and are about 9% below the five year average for this time of year.
 
Refineries operated at 86.0% of their operable capacity last week.
Gasoline production decreased last week, averaging 10.0 million barrels per day while, Distillate fuel production decreased last week, averaging 4.9 million barrels per day due to a fall in refinery run rate.