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U.S. Crude Oil Inventories Increase by 3 Million Barrels – Oil & Gas 360

Summary by Oil & Gas 360
Weekly Crude Oil Storage as of August 8, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3 million barrels from the previous week.  At 426.7 million barrels, U.S. crude oil inventories are 6% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of August 8, 2025. Summary of weekly petroleum data for
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The price of Texas intermediate oil (WTI) closed this Wednesday with a fall of 0.82 percent, up to $62.65 a barrel, after a rise in commercial inventories of crude oil was announced last week. The entry Texas oil drops by 0.82 percent, up to $62.65 a barrel was first published in Digital Process.

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Oil prices fell to the lowest level in more than two months at Wednesday's settlement after US crude stocks rose, while investors watched US President Donald Trump's threat with disastrous consequences if a peace agreement was not reached in Ukraine. Burnt's future contracts declined 0.7% to $65.63 a barrel "while during the session the rough fell to $65.01 a barrel, which is the lowest since June 6,."

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Trade reserves of crude oil increased by about 3 million barrels. The post-US: surprise increase in weekly oil stocks appeared first on Les Affaires.

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El Economista broke the news in on Wednesday, August 13, 2025.
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