EIA Data Show US Crude Inventories Fall 4.45m Barrels, Outpacing Market Forecasts

by VT Markets
/
Sep 3, 2026

US Energy Information Administration data for the week to 28 August showed crude oil inventories fell by 4.45m barrels. That compares with market expectations for a 1.1m-barrel draw.

Reported Decline Exceeds Forecasts

The reported decline was larger than forecast, pointing to a sharper weekly reduction in stocks than anticipated.

Comparison of Actual Versus Expected Draw

The release contrasts the actual change of -4.45m with an expected -1.1m for the same period.

see more

Back To Top
server

Hello there 👋

How can I help you?

We're here to help

Chat with us

Start a live conversation through...

  • Telegram
    hold On hold
  • Coming Soon...

Hello there 👋

How can I help you?

telegram

Our Telegram app is currently under maintenance, we apologize for the inconvenience. For immediate assistance, please contact us via our website live support or by email at info@vtmarkets.com.