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UPDATE 3-U.S. Sept oil demand estimate cut 2.7 pct

 * Sept oil demand revised down 2.7 pct from prior estimate
 * Gasoline demand up for fourth month in a row
 * Demand for distillates, jet fuel still down
 (Recasts lead, adds background)
 WASHINGTON, Nov 30 (Reuters) - U.S. oil demand in September
was 2.74 percent less than previously estimated, the government
said on Monday, dampening the outlook for a strong recovery in
petroleum consumption.
 September U.S. petroleum consumption was lowered 518,000
barrels per day to 18.362 million bpd, the Energy Information
Administration said in its monthly petroleum supply report.
 Oil traders have been looking for any signs of
strengthening oil demand in the United States, the world's
largest petroleum consumer.
 Over the past year a global recession has cut oil
consumption around the world, but expectations of an economic
rebound pushed oil prices to levels around $80 a barrel over
the past few months.
 Despite the revision, U.S. oil demand in September was up
523,000 bpd compared to a year earlier, the first
year-over-year increase in oil consumption for any month since
July 2007.
 The EIA said the rise in petroleum consumption this
September reflects the impact of two hurricanes on U.S. oil
supplies during the same month last year.
 The storms "just totally disrupted the supply chain, so we
had a drop in September (2008)," said Doug MacIntyre, senior
oil market analyst at EIA. U.S. oil consumption fell to 17.839
million bpd in September 2008, its lowest level in more than 10
years.
 September gasoline consumption climbed 4.7 percent, or
400,000 bpd, compared to a year earlier. This was the fourth
month in a row that gasoline demand increased from a year
earlier.
 The higher fuel consumption occurred as U.S. highway travel
in September soared 2.5 percent from a year earlier, rising to
240.7 billion miles (387.4 billion km), according to the U.S.
Transportation Department.
 It was the biggest jump in miles traveled since driving
rates started rising in June.
 As gasoline consumption continued to rise, demand for other
petroleum products remained weak.  Distillate demand in
September was down 7.5 percent from a year ago, while jet fuel
use was down 5 percent.
 September residual fuel demand plummeted 34.4 percent to
341,000 bpd.
 Below is a chart comparing the EIA's final monthly demand
numbers with the agency's previous weekly demand estimates and
final year-ago numbers:
                EIA Monthly Demand Data
            (In millions of barrels per day)
                 Prev Est **********Change vs************
Product    Sept     For Sept  Prev Est  Yr Ago   Yr ago pct
Gasoline   8.897     9.063     -1.83%    8.497     4.71%
Distillate 3.459     3.403      1.65%    3.740    -7.51%
Jet Fuel   1.404     1.439     -2.43%    1.478    -5.01%
Residual   0.341     0.439    -22.32%    0.520   -34.42%
Total     18.362    18.880     -2.74%   17.839     2.93%
U.S. year on year oil demand changes:
August 2009 -2.8 pct
July 2009   -4.0 pct
June 2009   -4.7 pct
May 2009    -8.2 pct
April 2009  -6.8 pct
March 2009  -5.8 pct
Feb 2009    -6.6 pct
Jan 2009    -5.5 pct
Dec 2008    -7.6 pct
Nov 2008    -7.2 pct
*This chart compares the latest monthly EIA petroleum supply
report with the previous weekly report and final year-ago
numbers. The EIA's monthly report always differs from the
weekly report as the monthly reflects data supplied from all
U.S. energy companies, while the weekly report surveys the
biggest companies representing about 90 percent of the market.
The total demand number reflects many petroleum products beyond
gasoline, distillate, jet fuel and residual fuel listed in the
table.
*This report is released on last week in the month at
link.reuters.com/vup24g.
 (Reporting by Ayesha Rascoe; Editing by Marguerita Choy)
 ((ayesha.rascoe@thomsonreuters.com; +1 202 310 5683; Reuters
Messaging: ayesha.rascoe.reuters.com@reuters.net))
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