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Crude Oil June 06, 2025 05:54:53 AM

U.S. Crude Oil Inventories Declined in End-May

Anil
Mathews
OilMonster Author
Meanwhile, the crude oil in SPR increased marginally from 401.3 million barrels to 401.8 million barrels week-on-week.
U.S. Crude Oil Inventories Declined in End-May

SEATTLE (Oil Monster): In its latest weekly petroleum status report, the U.S. Energy Information Administration (EIA) said that U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), recorded a decline of 4.3 million barrels during the week ended May 30, 2025, upon comparison with the week before.

According to the report, crude oil stocks, not including the SPR, stood at 436.1 million barrels on May 30. This compared with 440.4 million barrels in the prior week ended May 23. Also, the stocks were down significantly when compared with 455.9 million barrels during the corresponding week a year before.

Meanwhile, the crude oil in SPR increased marginally from 401.3 million barrels to 401.8 million barrels week-on-week.

The total petroleum stocks stood at 1.637 billion barrels on May 30, 2025. The total stocks were up 13.4 million barrels week on week and down 9.7 million barrels year on year, the report said.

The U.S. crude oil refinery inputs averaged 17 million barrels per day during the week ending May 30. On an average, this was higher by 670,000 barrels per day over the previous week. Also, during last week, the refineries operated at 93.4 percent of their operable capacity.

U.S. crude oil imports averaged 6.3 million barrels per day last week, EIA report noted.


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