Wednesday EIA Check
Know if the inventory move is real ->
Source post
EIA showed a draw in commercial US crude stocks: 857.4 MMbbl (-13.4 w/w). SPR was 397.9 MMbbl (-7.1 w/w), putting total crude stocks at 1255.3 MMbbl (-20.5 w/w). Commercial crude stocks: 857.4 MMbbl (-13.4 w/w)
Follow-up context
Know if the inventory move is real ->
Takeaway: The draw leans supportive unless incoming seaborne supply rebounds. This chart leads with commercial U.S. crude stocks, shows SPR reserve barrels separately, and reports total crude stocks as commercial plus SPR for balance-sheet context.
More notes in the system
Wednesday EIA Check
Commercial US crude stocks are at 734.0 MMbbl (-9.3 w/w). SPR sits at 325.7 MMbbl, putting total crude stocks at 1059.7 MMbbl. Commercial: 734.0 MMbbl (-9.3 w/w) SPR: 325.7 MMbbl (-5.5 w/w) Know if the inventory move is real ->
Monday Setup
WTI M1-M2 is sitting at 0.28$/bbl with a +0.13 move over the last five sessions. WTI M1-M2: 0.28$/bbl 5-session move: +0.13 In plain terms: Prompt structure is positive but not extreme, so the balance read is constructive without screaming shortage. See signals before the move ->
Friday Wrap
CL1 $71.64 +4.9% | Brent $76.72 +7.2% across the main crude-linked proxies. USO +4.8% | BNO +4.1% XLE +3.0% | XOP +3.1% See signals before the move ->
