Signal · Commodities & Input Costs
SPR Sinks Toward Operational Minimum as U.S. Crude Inventories Build
What the source reported
Source-reportedThe American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.2 million barrels in the week ending August 21. Analysts had expected a 1.9 million-barrel build. In the week prior, US crude oil inventories fell by 328,000. Commercial crude oil inventories excluding the SPR have lost just over 45 million barrels over the last nineteen weeks, with US crude inventories up 5.8 million for the year, according to API data, kept in check by draws from the SPR. For the week ending August 21, another 3.7 million…
- Publication
- Oilprice.com · Trade Publication
- Published
- 25th August 2026
- Original report
- oilprice.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Commodities & Input Costs
- Geography
- Global
- Organisations
- None identified
- Collected
- 26th August 2026 · 00:25
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (24.0/100). Strongest contributor: Impact-Scale Specificity (7.0/10 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Moderate (52.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).
- Strongest contributor
- Impact-Scale Specificity
- Limiting factor
- Likely Event Severity