EIA Confirms Crude Oil Inventory Builds in US

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US crude oil inventories rose by 3.6 million barrels, with commercial stockpiles reaching 426 million barrels, still below the five-year average.

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Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Crude oil inventories in the United States increased by 3.6 million barrels during the week ending January 21, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday. The increase brings commercial stockpiles to 426 million barrels according to government data, which is still 2% below the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which suggested that crude oil inventories grew by 3.04 million barrels. Crude prices…

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Original article published by OilPrice.com on January 22, 2026.
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