US oil inventories fall 900,000 barrels last week

15/04/2026 Argaam
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Oil tanks

US Crude oil inventories fell in the week ended April 10, against expectations of an increase by 900,000 barrels, according to a report released by the Energy Information Administration (EIA).

 

US Crude & Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

442.9

464.7

463.8

(0.9)

Gasoline

234.0

239.3

232.9

(6.3)

Distillates

109.2

114.7

111.6

(3.1)
 

What does this mean? The data show a relative improvement in demand within the US market, reflecting an increase in the pace of consumption, despite rising prices due to geopolitical tensions in the Middle East.

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