What was the latest reported level of US crude inventories, and when was the last time it was this low?

The latest reported level of US crude inventories was 758.5 million barrels, which is the lowest since March 1985, according to the Energy Information Administration's data released on Wednesday.

How much did total US crude inventories decline in the week ended June 12, and what does 'total inventories' include?

Total US crude inventories declined by 17.2 million barrels in the week ended June 12; 'total inventories' includes both commercial stocks and those held in the Strategic Petroleum Reserve, as stated in the EIA report.

US Crude Inventories Fall to Lowest Since March 1985, EIA Says

Jun 17, 2026

US crude inventories dropped to 758.5 million barrels, their lowest since March 1985, per the EIA. Total inventories fell by 17.2 million barrels in the week ended June 12.

reuters

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