Tag: EIA data

Oil Prices Rise as U.S. Crude Inventories Drop

  • October 29, 2025

Oil Prices Strengthen After EIA Reports Big Inventory Decline Oil prices rose on Wednesday after data revealed that U.S. crude and fuel inventories fell more than expected last week. The surprising drawdown came as President Donald Trump’s positive outlook on upcoming U.S.–China trade talks helped ease economic concerns. Brent crude futures climbed 52 cents, or …

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Crude oil supplies fall at Cushing and the US

  • October 23, 2025

Oklahoma’s Cushing Hub Sees Inventory Drop Crude-oil stocks at Oklahoma’s Cushing, Oklahoma hub fell last week, according to the U.S. Energy Information Administration (EIA).The amount held at the Oklahoma site dropped by 800,000 barrels from the week of October 10, 2025, when it totaled 22 million barrels. By the week of October 17, Cushing held …

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