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Oil Prices Perk Up As Report Shows US Crude Inventories Fall Further
Market Intelligence Analysis
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Why This Matters
US crude oil inventories have seen a significant drawdown, with a 4.8 million barrel decrease in the week ending December 5, indicating a tightening of supply and potentially supporting oil prices.
Market Impact
Market impact analysis based on bullish sentiment with 73% confidence.
Sentiment
Bullish
AI Confidence
73%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large draw of 4.8 million barrels in the week ending December 5. Crude oil inventories shrank by 2.48 million barrels in the week prior. Crude oil inventories in the United States are so far showing a net increase of just 121,000 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 200,000…
Original article published by
OilPrice.com
on December 10, 2025.
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Analysis and insights provided by AnalystMarkets AI.