U.S. crude oil exports fell by 195,000 b/d to 4.57 million b/d in the week of October 9. US domestic crude oil production fell by 300,000 barrels to 13.679 million b/d in the week of October 9. Commercial crude oil inventories excluding strategic reserves fell by 8.557 million barrels to 416 million barrels, a decrease of 2.02%. The average four-week supply of U.S. crude oil products was 21.77 million b/d, an increase of 1.97% over the same period last year. The US strategic oil reserve inventory remained unchanged at 283 million barrels in the week of October 9th. In the week of October 9, the US imported 6.049,000 b/d of commercial crude oil, excluding strategic reserves, a decrease of 791,000 b/d from the previous week. US domestic crude oil production for the week ending October 9 was the lowest since the week of May 1, 2026. The largest increase in US EIA gasoline inventories for the week ending October 9 was recorded since the week of January 16, 2026. The decline in US EIA crude oil inventories for the week ending October 9 was the biggest since the week of February 13, 2026. The decline in domestic crude oil production in the US for the week ending October 9 was the biggest since the week of January 30, 2026. The decline in US EIA refined oil inventories for the week ending October 9 was the biggest since the week of July 31, 2026. The US commercial crude oil inventory for the week ending October 9, when strategic reserves were removed, was the lowest since the week of July 31, 2026.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.