Commercial crude oil inventories in the United States excluding strategic reserves in the week ending January 31 were the highest since the week ending November 22, 2024. The increase in EIA crude oil inventories in the United States in the week ending January 31 was the largest since the week ending February 9, 2024.
The increase in domestic crude oil production in the United States in the week ending January 31 was the largest since the week ending November 22, 2024, ending the previous 7-week downward trend.
