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US Crude Oil Inventories See Another Sharp Draw  

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again, this time by 4.277 million barrels in the week ending June 20 after analysts had estimated a much more conservative 600,000-barrel draw. So far this year, crude oil inventories are up 3.3

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U.S. Crude Inventories Post Massive Draw of 11.5M Barrels

OilPrice

Crude oil inventories in the United States fell by 11.5 million barrels during the week ending June 13, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. million barrels, roughly 10% below the five-year average for this time of year.

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EIA Calls Peak Shale as Drilling Activity Declines

OilPrice

crude oil production is now forecast to slip from a record 13.5 million barrels per day (bpd) in Q2 2025 to around 13.3 Energy Information Administration’s bombshell June Short-Term Energy Outlook, signaling to an already price-weary industry that shale’s best days are in the rearview.

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EIA: US Crude Oil Inventories Climb 6.2 Million Barrels

OilPrice

Crude oil inventories in the United States saw a large increase of 6.2 million barrels during the week ending March 28, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S.

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Crude Oil Inventories Slip But Prices Eyeing Tariff Fears

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. million barrels again to 396.7 million barrels in the week ending April 4.

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Crude Oil Inventories Climb As OPEC Prepares to Open the Tap

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 million barrel drop in the prior week. million barrels again to 396.4 million barrels in the week ending March 28.

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US Crude Oil Output to Peak Sooner Than Expected

OilPrice

crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kpler said on Monday.

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