USA crude oil inventories, excluding the Strategic Petroleum Reserve (SPR), recently rose. These stocks increased by nearly 3 million barrels week-over-week. As of November 21, total inventories stood at 426.9 million barrels. The Energy Information Administration (EIA) reported this data in its latest weekly petroleum status report.
National Crude Oil Holdings Expand
Weekly Inventory Change
The nation’s crude oil stocks experienced a notable increase. Inventories, separate from the Strategic Petroleum Reserve, grew by almost 3 million barrels during the past week. This weekly change reflects an upward trend in commercial oil storage.
Total Stockpile Volume
Following this increase, total crude oil stocks reached 426.9 million barrels. The EIA recorded this specific volume on November 21. This figure represents the overall commercial crude oil held across the United States.
EIA Report Details
Excluding Strategic Reserves
The Energy Information Administration’s weekly petroleum status report provided these figures. Notably, the report specifically excludes volumes held within the Strategic Petroleum Reserve. This focus ensures a clear picture of commercial supply levels.
Data Publication
The EIA consistently publishes these weekly reports. They offer crucial insights into various aspects of petroleum supply and demand. This latest report delivers current data on crude oil inventory levels.
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