XLE & Oil

USA Crude Oil Stocks Drop 3MM Barrels WoW

Rigzone·Oct 22, 2026 · 9:36 AM CT
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Readthrough summary

Rigzone summarized the EIA's weekly petroleum status report, released Oct. 21.

Commercial crude stocks, excluding the SPR, fell 3.1 million barrels to 412.517 million barrels in the week ending Oct. 16, a 0.7% weekly drop and 2.4% below a year earlier.

The Strategic Petroleum Reserve stood at 282.7 million barrels, down 0.1% on the week and 30.8% lower than the 408.6 million barrels it held a year ago.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at Rigzone.

Read the original at Rigzone

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