The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply for the second week in a row, this time gaining an additional 19.10 million barrels in the week ending July 11. That’s on top of last week’s 7.1 million barrel build. It is the largest single week build reported
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, this time by 680,000 barrels in the week ending June 27 after analysts had estimated a 2.26-million-barrel draw. The build ends a series of API-reported draws over the last five weeks that total more than 22 million barrels—an
By Julianne Geiger – Jun 25, 2025, 9:46 AM CDT Crude oil inventories in the United States fell by 5.8 million barrels during the week ending June 20, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The drop brings commercial stockpiles to 415.1 million barrels, roughly 11% below the
By Julianne Geiger – May 14, 2025, 9:36 AM CDT Crude oil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.287 million barrels in the week ending May 9—a shock after analysts had estimated a 2.4-million-barrel draw. The API reported a 4.49 million barrel inventory decrease in the prior week. So far this year, crude oil inventories are up
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels in the week ending April 25, after analysts had estimated a much smaller 390,000-barrel build. The API reported a 4.565 million barrel dip in the prior week. So far this year, crude oil inventories are up more
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels in the week ending April 18. The API estimated a 2.4 million barrel build in the prior week. So far this year, crude oil inventories are still up more than 19 million barrels, according to Oilprice calculations
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By Julianne Geiger – Mar 19, 2025, 10:00 AM CDT Crude oil inventories in the United States saw an increase of 1.7 million barrels during the week ending March 14, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. Analysts had expected a smaller 1.7 million-barrel build. So far this year, crude oil inventories have climbed more than 21 million barrels, according to Oilprice calculations of API data. Earlier