US Crude Inventories Fall as Exports Rise, EIA Says - Energy News, Top Headlines, Commentaries, Features & Events
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US Crude Inventories Fall as Exports Rise, EIA Says - Energy News, Top Headlines, Commentaries, Features & Events
*Crude exports rise by 620,000 bpd, driving inventory draw *Gasoline stocks fall by 1.3 mlb bbls, demand above 9 mln bpd *Distillate stockpiles drop unexpectedly, down by 565,000 bbls (Updates throughout, adds market reaction) By Stephanie Kelly NEW YORK, Aug 6 – U.S. crude oil stockpiles fell last week as exports rose, while gasoline and ...
USA: Surprising drop in weekly oil stocks Admin FCE 06 Aug 2025 - 17:20 Oil stocks in the United States registered an unexpected decline last week, according to data published on Wednesday by the American Energy Information Agency (EIA), which mentions a recovery in exports.Commercial crude reserves fell by about 3 million barrels in the week ended August 1. Analysts were widely shared in their estimates and expected a status quo of these stocks…
EIA Reports Surprise Draw in US Crude Oil Inventories: A Bullish Signal Amid Geopolitical Tensions
Welcome back to the Energy News Beat Channel, where we break down the latest developments shaking up the global oil markets. Today, we’re diving into the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report, released on August 6, 2025, for the week ending August 1. The headline? U.S. crude oil inventories shrank by a surprising 3.03 million barrels, reversing the previous week’s hefty build and sending ripples through th…
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