EIA says US crude stocks down 600,000 bbl in week ended Fri, exports fall
This story was originally published at 12:58 IST on 25 September 2025
Register to read our real-time news.Informist, Thursday, Sept. 25, 2025
MUMBAI – Crude oil inventories in the US, excluding those in the country's strategic petroleum reserves, fell by 600,000 barrels from the previous week to 414.8 million barrels in the week ended Friday, the US Energy Information Administration said in its weekly report. This was more than a fall of 300,000 barrels expected by analysts polled by Dow Jones. US crude oil inventories were about 4% below the five-year average for this time of the year, the report said.
Crude oil exports by the US fell by 793,000 barrels per day to 4.5 million barrels per day in the week ended Friday. Strategic petroleum reserves rose by 200,000 barrels to 406.0 million barrels during the reporting week.
Petroleum inventories fell by 1.1 million barrels from the previous week to 216.6 million barrels in the week ended Friday. Petroleum stocks were about 2% below the five-year average for this time of the year. This fall was more than the 400,000-barrel fall expected by analysts polled by Dow Jones. Distillate fuel inventories fell by 1.7 million barrels to 123.0 million barrels in the week ended Friday. This is also more than a 400,000-barrel drop expected by analysts in Dow Jones polls. Distillate fuel inventories were about 8% below the five-year average for this time of year, the report said.
Refinery utilisation was largely steady at 93% in the week ended Friday. Crude oil production in the US, the largest producer of the commodity, rose 19,000 barrels per day to 13.50 million barrels per day in the week ended Friday.
US crude oil imports averaged 6.5 million barrels per day, up 803,000 barrels per day from the previous week. Over the past four weeks, crude oil imports have averaged around 6.3 million barrels per day, down 0.9% from the corresponding period last year.
Imports from six of the top 10 countries that export crude oil to the US rose during the week. Imports from Canada rose the most, by 558,000 barrels per day to 3.8 million barrels per day. Imports from Brazil rose by 152,000 barrels per day to 435,000 barrels per day. On the other hand, imports from Mexico fell the most, by 173,000 barrels per day to 320,000 barrels per day.
Inventories of crude oil at Cushing, Oklahoma, a key delivery point for West Texas Intermediate crude, rose 200,000 barrels to 23.7 million barrels in the week ended Friday. Cushing is the designated delivery point for NYMEX crude oil futures contracts. Market participants closely monitor stockpiles at Cushing, as it has a storage capacity of about 90 million barrels.
At 1217 IST, the most-active November contract of crude oil on NYMEX was down 0.4% at $64.74 per barrel.
Inventory (mln barrels) | Weekly change (%)
| |
Crude oil | 414.8 | (-)0.1 |
Petrol | 216.6 | (-)0.5 |
Kerosene-type jet fuel | 45.0 | 2.4 |
Distillate fuel oil | 123.0 | (-)1.4 |
Propane/propylene | 99.9 | 1.0 |
Unfinished oils | 82.9 | (-)0.4 |
Other oils | 338.2 | (-)0.1 |
End
US$1 = INR 88.68
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Udita S. Jaiswal
Edited by Nishant Maher
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
