EIA says US crude stocks up 3.7 mln bbl in week ended Fri, exports down
This story was originally published at 13:54 IST on 9 October 2025
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MUMBAI – Crude oil inventories in the US, excluding those in strategic petroleum reserves, rose by 3.7 million barrels to 420.3 million barrels in the week ended Friday, the US Energy Information Administration said in its weekly report. Analysts polled by Dow Jones had expected the stocks to rise 700,000 barrels from the previous week. US crude oil inventories were about 4% below the five-year average for this time of the year, the report said.
Petrol inventories fell 1.6 million barrels from the previous week to 219.1 million barrels in the week ended Friday. This fall is more than the 1.0-million-barrel fall expected by analysts polled by Dow Jones. Petrol stocks were around 1% below the five-year average for this time of the year. Distillate fuel stocks fell 2.0 million barrels to 121.6 million barrels in the week ended Friday, while analysts polled by Dow Jones expected a fall of 400,000 barrels. The distillate fuel stocks were around 6% below the five-year average for this time of the year.
Refinery utilisation rose to 92.4% from 91.4% the previous week. Crude oil production in the US, the largest producer of the commodity, rose 124,000 barrels per day to 13.63 million barrels per day in the week ended Friday, according to the report.
Crude oil exports by the US fell 161,000 barrels per day to 3.59 million barrels per day from 3.75 million barrels in the previous week, the report showed. Strategic petroleum reserves rose 300,000 barrels to 407.0 million barrels from 406.7 million barrels.
US crude oil imports averaged 6.4 million barrels per day, up 570,000 barrels per day from the previous week. Over the past four weeks, US crude imports averaged around 6.1 million barrels per day, nearly 5% lower than the corresponding period last year.
Of the top 10 countries that export crude oil to the US, imports from three countries fell during the week. Imports from Canada fell the most by 501,000 barrels per day to 3.60 million barrels per day. On the other hand, crude oil imports from Mexico rose the most, by 228,000 barrels per day, to 494,000 barrels per day, the report showed.
Inventories of crude oil at Cushing, Oklahoma, a key delivery point for West Texas Intermediate crude, fell 800,000 barrels to 22.7 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 1028 IST, the most-active November contract of crude oil on NYMEX was up 0.2% at $62.71 per barrel.
Inventory (mln barrels) | Weekly change (%)
| |
Crude oil | 420.3 | 0.9 |
Petrol | 219.1 | (-)0.7 |
Kerosene-type jet fuel | 44.3 | (-)0.2 |
Distillate fuel oil | 121.6 | (-)1.6 |
Propane/propylene | 100.5 | (-)2.8 |
Unfinished oils | 83.5 | 0.3 |
Other oils | 337.6 | 0.3 |
End
US$1 = INR 88.79
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Udita S. Jaiswal
Edited by Tanima Banerjee
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