US Crude Oil Inventories Still in Freefall

OilPrice.com · Julianne Geiger · 2026-11-03 22:00 UTC

The American Petroleum Institute API estimated that crude oil inventories in the United States fell by 5.267 million barrels in the week ending October 30

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The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 5.267 million barrels in the week ending October 30. In the week prior, US crude oil inventories fell by a staggering 2.031 million barrels.

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