← Signals

Signal · Geopolitical Risk

‎API: US crude inventories rise 1.019M barrels

Argaam - Main News Trade press Published 30th September 2026 Saudi Arabia

What the source reported

Source-reported

‎<p ><img src="https://argaamplus.s3.amazonaws.com/55014fc5-2f6d-416d-84b0-358aa23df612.png" ></p> <p class="ckeCaption" >Gasoline stockpiles increased by 2.991 million barrels, while distillate inventories fell by 286,000 barrels</p> <hr> <p >US commercial crude oil inventories increased in the week ended Sept. 25, according to estimates from the American Petroleum Institute (API), alongside a rise in gasoline stockpiles.</p> <p ></p> <p >The API said in a report released Tuesday that commercial crude inventories rose by 1.019 million barrels last week.</p> <p ></p> <p >Gasoline inventories increased by 2.991 million barrels over the same period, while distillate stockpiles — including diesel and heating oil — fell by 286,000 barrels.</p> <p ></p> <p >Official data from the US Energy Information Administration (EIA) are due Wednesday, with estimates pointing to a 200,000-barrel decline in commercial crude inventories.</p> <p ></p> <p >At Tuesday’s settlement, benchmark Brent crude futures for November delivery fell 2.56% to $102.59 a barrel, while US Nymex crude futures dropped 3.48% to $89.38 a barrel.</p>

Publication
Argaam - Main News · Trade Publication
Published
30th September 2026
Original report
argaam.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
Geopolitical Risk
Geography
Saudi Arabia
Organisations
None identified
Collected
30th September 2026 · 06:45

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.

Significance 2 · Moderate
Confidence 3 · Moderate

Initial Significance Moderate (28.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Moderate (46.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).

Strongest contributor
Procurement Impact
Limiting factor
Likely Event Severity