Crude oil stocks at the Cushing Hub in Oklahoma and across the U.S. made slight increases in the past week.
Cushing gained 300,000 barrels since October 20 when there were 21.2 million barrels of oil in the large storage tanks. The U.S. Energy Information Administration reported Cushing maintained 21.5 million barrels as of October 27, the most recent reporting period.
Nationally, there was a gain of 800,000 barrels. The U.S. held 421.9 million barrels as of October 27, up from the 421.1 millon barrels recorded on October 20, reported the EIA.