EIA

The EIA announced a build of 200,000/bbls for the week ending April 26th, 2024. National inventories now stand at 56.9M/bbls compared to 58.3M/bbls one year ago this week, or 1.4M/bbls less (2.4%) inventory on hand than one year ago. Current inventory levels are roughly 3M/bbls higher than their ten-year averages for this time of year.  Read More "EIA 5/1/24: Small Build, Inventories Tracking 2023"