Inventories of gasoline and distillates fell by 1.684 million and 2.251 million barrels, respectively. The Strategic Petroleum Reserve decreased by 785K barrels to a total of 284 million barrels, while US daily crude production rose by 16K BPD.
Wednesday, October 21, 2026
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US Commercial Crude Inventories Rise 922K Barrels Defying Draw Forecasts
Commodities21 days ago
The Energy Information Administration's latest weekly report on oil supply reveals a surprising increase in the amount of crude held by US companies. Commercial crude inventories grew by 922K barrels, contradicting analyst predictions of a draw between 455K and 710K barrels, though this build was smaller than the previous week's increase of 2.969 million barrels. Stocks at the Cushing hub also climbed by 553K barrels.
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