Sunday, June 14, 2026

Weekly Oil Storage: Unexpected Build

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks rose by 2,170 MBBL last week to 429,737 MBBL, from 427,567 MBBL. This is 19% below the 528,702 MBBL that was in storage at this point last year, and is 3% below the five-year