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5.5

US crude inventories rise by 2.6 million barrels as SPR draws moderate

API data indicates a 2.603 million barrel build in US crude inventories for the week ending July 17, reversing a previous draw. While commercial stocks have trended downward over the last quarter, the year-to-date net decline remains limited due to ongoing Strategic Petroleum Reserve releases.

OilPrice.com1 day agoUSCredibility 51%View source

Score Breakdown

Mosaic Score5.5
Confidence0.9
Significance0.5
Source credibility0.5

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United States

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