U.S. Crude Stocks Rise Against Forecasted Draw
9 Articles
9 Articles
U.S. Crude Stocks Rise Against Forecasted Draw
Inventory levels in the nation’s reserve have rebounded slowly over the last year, but are still hundreds of millions shy of the levels in inventory prior to the SPR withdrawal that took place under the Biden Administration.
WTI steadies near $69.50 due to US Oil builds, prospects for Brazilian Oil exports
West Texas Intermediate (WTI) Oil price halts its three-day winning streak, trading around $69.60 per barrel during the early European hours on Thursday. Crude Oil prices struggle, possibly driven by a surprise build in the United States (US) crude stocks.
U.S. crude oil inventories increase by 7.7 million barrels – Oil & Gas 360
Weekly Crude Oil Storage as of July 25, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.7 million barrels from the previous week. At 426.7 million barrels, U.S. crude oil inventories are 6% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of July 25, 2025. Summary of weekly petroleum data for
The result was contrary to the consensus of the analysts consulted by the Wall Street Journal, which pointed to a drop of 1.6 million barrels.
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