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26 Feb 2026 08:41
Energy Preview: EIA data shows a 16-million-barrel build in US crude oil inventories

Crude oil inventories in the United States increased by 16 million barrels during the week ending February 20, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 435.8 million barrels according to government data, which is still 3% below the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories rose by a massive 11.4 million barrels in the period. For total motor gasoline, the EIA reported that inventories had decreased by 1 million barrels after dipping by 3.2 million barrels in the week prior. The most recent figures showed average daily gasoline production decreased to 9.2 million barrels.

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