U.S. Crude, Fuel Inventories Post Surprise Stock Builds: EIA

U.S. crude, fuel inventories post surprise stock builds: EIA

U.S. crude inventories rose by 1.3 million barrels to 443.2 million barrels in the week ended May 16

US Oil Inventories Keep Growing as Prices Sag

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time by 2.499 million barrels in the week ending May 16 after analysts had estimated a 1.85-million-barrel draw. The API reported a 4.287 million barrel inventory increase in the prior week. So far this year, crude oil inventories are up more than 25 million barrels, according to Oilprice calculations of API data. Earlier this week, …

Oil is losing ground, undermined by the rise in US crude oil stocks Admin FCE 21 May 2025 - 21:20 Oil prices fell on Wednesday, stricken by the unexpected rise in crude oil stocks in the United States, when they were supported at the beginning of the session by fears of an Israeli attack on Iranian nuclear facilities.The price of the Brent barrel of the North Sea, for delivery in July, dropped 0.72% to 64.91 dollars.His American equivalent, the …

Crude Prices Decline as Weekly EIA Inventories Unexpectedly Increase

July WTI crude oil (CLN25) today is down -0.28 (-0.45%) and July RBOB gasoline (RBN25) is down -0.0145 (-0.68%). Crude oil prices today fell from a 1-month high and turned lower after weekly EIA crude inventories unexpectedly rose to a 10-month high. Crude prices today initially spiked higher on escalating...

Oil prices fell on Wednesday, offset by the sudden rise in commercial crude oil reserves in the United States.The price of Brent's North Sea barrel for delivery in July fell 0.72% to $64.91. Meanwhile, West Texas Intermediate's barrel (WTI) for delivery the same month lost 0.74% to $61.57.Commercial oil reserves in the United States rose unexpectedly last week, according to data released on Wednesday by the United States Energy Information Agenc…