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US Crude Oil Inventories Continue to Rise as Production Hits New High
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Why This Matters
US crude oil inventories continue to rise, with a 4.4 million barrel build in the week ending November 14, and a net gain of 9.3 million barrels for the year, indicating a potential surplus in the market.
Market Impact
Market impact analysis based on bearish sentiment with 81% confidence.
Sentiment
Bearish
AI Confidence
81%
Article Context
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The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large build of 4.4 million barrels in the week ending November 14. Crude oil inventories gained 1.3 million barrels in the week prior. Crude oil inventories in the United States are so far showing a net gain of 9.3 million barrels for the year, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) have risen by 500,000 barrels…
Original article published by
OilPrice.com
on November 19, 2025.
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