US crude oil inventories surged by 13.4 million barrels in the week ended February 6th, 2025, reversing a 11.1 million-barrel draw in the prior week, to mark the sharpest increase since January 2023. API Crude Oil Stock Change in the United States averaged 0.15 BBL/1Million from 2012 until 2026, reaching an all time high of 14.87 BBL/1Million in January of 2023 and a record low of -15.40 BBL/1Million in July of 2023. source: American Petroleum Institute (API)
API Crude Oil Stock Change in the United States increased to 13.40 BBL/1Million in February 6 from -11.10 BBL/1Million in the previous week.