US oil inventories add 2.5M barrels: EIA
- Source
- Argaam - Main News
- Source link
- https://www.argaam.com/en/article/articledetail/id/1926448
- Published
- 2026-08-05 18:15:00
- Discovered by ProcIntel
- 2026-08-05 15:43:14
- Category
- GCC Spotlight
- Geography
- Saudi Arabia
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p><img src="https://argaamplus.s3.amazonaws.com/55014fc5-2f6d-416d-84b0-358aa23df612.png" ></p> <p class="ckeCaption" >Oil tanks</p> <hr> <p >US oil inventories increased in the week ended July 31,according to data released by the Energy Information Administration (EIA) today, Aug. 5.</p> <p ></p> <p >The results, which came against expectations for a decline of 1.6 million barrels, imply a slowndown in local consumption. However, the drop in the distillates stocks could be due to increased fuel demand during the summer season. </p> <p ></p> <table align="center" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="5" > <p ><strong><span ><span ><span >US Crude Oil Petroleum Products Inventories (mln barrels)</span></span></span></strong></p> </td> </tr> <tr > <td > <p ><strong><span ><span >Item</span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span >Last Year</span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span >Last Week</span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span >Current</span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span >Weekly Change</span></span></strong></p> </td> </tr> <tr > <td > <p ><strong><span ><span >Crude Oil</span></span></strong></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >423.7</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >404.5</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >407</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >+2.5</span></span></span></span></p> </td> </tr> <tr > <td > <p ><strong><span ><span >Gasoline</span></span></strong></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >227.1</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >211.3</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >209.7</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span ><span ><span >(</span></span></span><span dir="LTR"><span ><span ><span >1.6</span></span></span></span><span ><span ><span >)</span></span></span></p> </td> </tr> <tr > <td > <p ><strong><span ><span >Distillates</span></span></strong></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >113</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >110.6</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span dir="LTR"><span ><span ><span >107.2</span></span></span></span></p> </td> <td > <p align="center" dir="RTL" ><span ><span ><span >(3.5)</span></span></span></p> </td> </tr> </tbody> </table>
Procurement Relevance Gate
- commodity_or_input_impact (weight 12) — matched on "oil"
- price_availability_leadtime_demand (weight 10) — matched on "demand"
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal 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
- 2 · Moderate (30.0/100)
- Initial Confidence
- 3 · Moderate (47.5/100)
- Data sufficiency Whether enough structured evidence exists to trust this Signal's Initial Confidence reading. 'Sufficient' has no cap; 'Partial' and 'Insufficient' cap Confidence until more evidence is available; 'Not Assessed' means the Signal did not pass the Relevance Gate.
- Partial
- Strongest contributor
- Procurement Impact
- Limiting factor
- Likely Event Severity
Initial Significance Moderate (30.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Moderate (47.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).
- No likely Event type matched; a low contextual baseline was applied.
- Entity Criticality data quality warning: all_linked_entities_data_insufficient.
- no matched Event type
- no actor entities (only attribution/metadata, if any)
- no actor content-derived geography
- Entities were mentioned as context or document attribution rather than as actors in the reported development, so they did not increase Initial Confidence.
- Geographies were mentioned only in diplomatic reaction, commentary or background context rather than as the actor, event location or affected party in the reported development, so they did not increase Initial Confidence.
- Only source-level geography metadata was available.
- Source metadata did not contribute to Initial Confidence.
- 1 distinct hedging pattern(s) matched (capped at 20).
Methodology signal_scoring_v1 — calculated 2026-08-08 11:03:37.