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EIA: US Crude Oil Inventories Slump As Demand Rises
Market Intelligence Analysis
AI-Powered
Why This Matters
US crude oil inventories decreased by 9 million barrels, a 5% drop below the five-year average, indicating rising demand and a potential increase in oil prices.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
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.
Crude oil inventories in the United States decreased by 9 million barrels during the week ending February 13, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday. The decrease brings commercial stockpiles to 419.8 million barrels according to government data, which is 5% 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 reported that crude oil inventories fell by 609,000 barrels in the period. Crude prices…
Original article published by
OilPrice.com
on February 19, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.