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Huge Crude Draw Offsets Product Builds
Market Intelligence Analysis
AI-Powered
Why This Matters
Crude oil inventories in the US saw a significant draw of 9.3 million barrels, offsetting product builds, indicating a decrease in overall oil supply.
Market Impact
Market impact analysis based on bullish sentiment with 77% confidence.
Sentiment
Bullish
AI Confidence
77%
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 yet another large draw, this time of 9.3 million barrels in the week ending December 12. Crude oil inventories shrank by 4.8 million barrels in the week prior. Crude oil inventories in the United States are so far showing a net decrease of just 9.2 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)…
Original article published by
OilPrice.com
on December 17, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.