Bank Of Baku

U.S. commercial crude oil inventories fall to 420 million barrels

U.S. commercial crude oil inventories fall to 420 million barrels
# 05 February 2026 10:05 (UTC +04:00)

U.S. commercial crude oil inventories decreased by 3,455 thousand barrels to 420,299 thousand barrels, APA-Economics reports.

This was stated in a report published by the Energy Information Administration (EIA) under the U.S. Department of Energy.

According to the data, analysts had previously forecast a decline of 2,000 barrels in U.S. commercial crude oil inventories.

Note that data on U.S. oil inventories has a significant impact on global “black gold” prices.

 

 

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