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API Shows Sharp Build in US Crude Oil, Distillate Inventories

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In simple terms

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 9.0 million barrels in the week ending November 6. In the week prior, US crude oil inventories fell by 5.267 million barrels.

Earlier coverage

Earlier coverage on GreyNews

  1. U.S. Closes First Oil and Gas Production Loan Under Revamped Energy Financing ProgramNov 10, 2026 · gCaptain
  2. Oil falls as Trump downplays prospect of escalation with IranNov 10, 2026 · Arab News
  3. Oil Prices Plunge Below $92 as Trump Signals Restraint on IranNov 10, 2026 · OilPrice
  4. Iran war oil shock drives dip in global emissions, study showsNov 10, 2026 · Deutsche Welle
  5. Scientists Develop Cheap Filter That Could Slash Oil Refining Energy Use by 32%Nov 9, 2026 · OilPrice

What we don't know yet

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1 source4 claims foundnot checked yet