Crude Oil, Distillates Inventories See Minor Build as Prices Sink

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REPORT CRUDE OIL

AnalystMarkets analysis

Why it matters

US crude oil inventories saw a minor build of 1.3 million barrels, contrary to analyst expectations of a 1.7 million barrel build, as prices continue to decline.

Expected market reaction

Neutral Confidence 72% How confidence is read Impact: Moderate

Market impact analysis based on neutral sentiment with 72% confidence.

Evidence trail

Evidence
Source OilPrice.com
Claim Crude Oil, Distillates Inventories See Minor Build as Prices Sink
AI inference Neutral · 72%
Generated 2025-11-12 22:06

AI provenance

Analysed by Llama 3.1 8B Instant (Groq) Methodology v1.0 Generated
Technical identifiers
Provider tag
groq-llama-3.1-8b-instant
Analysis version
groq-llama-3.1-8b-instant
Article id
9993

Original source

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.3 million barrels in the week ending November 7, after analysts anticipated a 1.7 million barrel build. Crude oil inventories gained 6.5 million barrels in the week prior. Crude oil inventories in the United States are so far showing a net gain of 4.9 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…

Read the full article on OilPrice.com

Original article published by OilPrice.com on November 13, 2025. Analysis and insights provided by AnalystMarkets AI.

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