Wednesday, July 15, 2026
U.S. crude oil inventories decrease by 2.0 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 9.4 million barrels

Weekly Crude Oil Storage as of August 28, 2020   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 9.4 million barrels from the previous week. At 498.4 million barrels, U.S. crude oil inventories are about 14% above the five year average for this time of year, according to the EIA crude oil and petroleum

Recent legislation would reduce the U.S. Strategic Petroleum Reserve- oil and gas 360

EIA Today- Demand for jet fuel in the U.S. is recovering faster than in many other markets – coronavirus update

EIA U.S. jet fuel consumption has been particularly affected by responses to the 2019 novel coronavirus. However, analysis of flight-level data provided by Cirium on commercial passenger flights—a category of aircraft that the U.S. Energy Information Administration (EIA) estimates accounted for 73% of total U.S. jet fuel consumption in January 2020—suggests that demand for jet fuel in the United States has, so