Signal · Commodities & Input Costs
U.S. Crude Stocks Dip But Distillates Hold Steady
What the source reported
Source-reportedCrude oil inventories in the United States saw a decrease of 3.2 million barrels during the week ending October 2, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 424.1 million barrels, according to government data, which is now 1% above the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories had fallen by 2.09 million barrels in…
- Publication
- Oilprice.com · Trade Publication
- Published
- 7th October 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
- 7th October 2026 · 18:44
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 (30.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Moderate (45.0/100, 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