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EIA Says US Crude Inventories Sink Further

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In simple terms

Crude oil inventories in the United States decreased by 3.1 million barrels during the week ending October 16, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday.

Earlier coverage

Earlier coverage on GreyNews

  1. Higher Oil Availability Pressures Middle East Crude BenchmarksOct 21, 2026 · OilPrice
  2. Shipping Crisis Forces Asian Crude Buyers to Use Smaller TankersOct 20, 2026 · OilPrice
  3. Europe to see 'biggest-ever' increase in air fares next year, Ryanair chief saysOct 20, 2026 · The National
  4. Japan to provide P&I, compensate cargo, hull cover for crude, oil products, LNG transportOct 18, 2026 · Hellenic Shipping News
  5. WTI Outpaces Brent as U.S. Crude Draw Ignites Fresh BuyingOct 16, 2026 · OilPrice

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