U.S. crude oil inventories have shown notable fluctuations in recent weeks according to reports from the American Petroleum Institute (API) and the Energy Information Administration (EIA). For the week ending June 13, 2025, crude oil stocks fell sharply by 11.473 million barrels, significantly exceeding the forecasted decline of 1.794 million barrels. Gasoline inventories increased by 0.209 million barrels, while distillate inventories rose by 0.514 million barrels. The following week, crude oil inventories declined again by 5.836 million barrels against an estimated decrease of 1.2 million barrels. Gasoline stocks fell by 2.075 million barrels, and distillate stocks decreased by 4.066 million barrels. However, in the week ending June 27, 2025, crude oil inventories rebounded, rising by 3.845 million barrels compared to an expected decline of 2.7 million barrels. Gasoline stocks increased significantly by 4.188 million barrels, while distillate inventories decreased by 1.71 million barrels. Cushing crude oil inventories showed a consistent decline over the period, with a notable drop of 1.493 million barrels in the latest week. Total U.S. petroleum inventories, including crude, refined products, and the Strategic Petroleum Reserve (SPR), rose by 9.6 million barrels to 1.642 billion barrels, although stocks remain approximately 9% below the five-year average. These inventory changes reflect ongoing volatility in U.S. petroleum supply and demand dynamics amid current market conditions.
Charts on US petroleum inventories in million barrels - EIA #oott https://t.co/lhaZm6W8nl
EIA: U.S. crude inventories rose 3.8M barrels last week, pushing total stocks to 419M—still 9% below the 5-year average. Gasoline surged 4.2M barrels, while distillates fell again and remain 21% below norms. #EIA #CrudeOil #Gasoline #Distillates #OilMarkets
US implied oil demand (product supplied) in mbpd - EIA #oott https://t.co/mqZ3wddkGe