CommoditiesMedium•30 September 2026•
1 min read
US Crude Inventories Rise by 900,000 Barrels Defying Draw Forecasts
Key Facts
1U.S. commercial crude oil inventories increased by 900,000 barrels last week.
2The build defied analyst expectations of a 200,000-barrel draw.
U.S. commercial crude oil inventories increased by 900,000 barrels last week. The Wall Street Journal reported that the build defied analyst expectations, which had forecasted a draw of 200,000 barrels.
The unexpected increase in stockpiles suggests a potential mismatch between supply and demand or a slowdown in refinery activity during the reference period ending September 30, 2026. This data follows mixed global economic signals, including Japan's Manufacturing PMI reaching 54.1 and the Swiss interest rate decision remaining at 0% on September 24, 2026.