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US Sees Big Gains in Crude Oil, Product Inventories
Market Intelligence Analysis
AI-Powered
Why This Matters
US crude oil inventories saw a build of 3.04 million barrels, with SPR inventories increasing by 800,000 barrels, indicating a potential oversupply in the market.
Market Impact
Market impact analysis based on bearish sentiment with 85% confidence.
Sentiment
Bearish
AI Confidence
85%
Time Horizon
Short Term
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 build of 3.04 million barrels in the week ending January 16. Crude oil inventories increased by 5.27 million barrels in the week prior. Inventories in the US Strategic Petroleum Reserve (SPR) keep climbing week after week. The Department of Energy (DoE) reported that crude oil inventories in the SPR rose by 800,000 barrels to 414.5 million barrels in the week ending January 16. This is 311 million barrels shy of maximum capacity. US production…
Original article published by
OilPrice.com
on January 22, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.