US oil inventories decline 3.5M barrels last week

04/02/2026 Argaam
Oil tanks

Oil tanks

US crude oil inventories decreased in the week ended Jan. 30, against expectations of stable stockpiles, according to data released by the Energy Information Administration (EIA) on Wednesday.

 

US Crude & Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Forecasts

Crude Oil

423.8

423.8

420.3

(3.5)

--

Gasoline

251.1

257.2

257.9

+0.7

+1.3

Distillates

118.5

132.9

127.4

(5.6)

(2.4)
 

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