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Signal · Commodities & Input Costs

EIA Weekly Petroleum Status Report — Crude Oil Inventories — Week Ended July 31, 2026

EIA Weekly Petroleum Status Report Authoritative source Published 31st July 2026 United States

What the source reported

Source-reported

U.S. commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased by 2.5 million barrels from the previous week, to 407.0 million barrels -- 6% below the five-year average for this time of year.

Publication
EIA Weekly Petroleum Status Report · Official Statistics
Published
31st July 2026
Original report
eia.gov

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
United States
Organisations
None identified
Collected
8th August 2026 · 11:03

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 (20.0/100). Strongest contributor: Impact-Scale Specificity (7.0/10 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Moderate (64/100, data sufficiency: Partial). Strongest contributor: Source Authority (40.0/40 points). Limiting factor: Extraction Quality (3.0/15 points). Capped at 64 (Moderate) -- neither the authoritative-origin nor the independent-corroboration route to Sufficient was met (no matched Event type; no actor entities (only attribution/metadata, if any); no actor content-derived geography), limiting Confidence even though other factors scored higher.

Strongest contributor
Impact-Scale Specificity
Limiting factor
Geographic Breadth
Possibly the same underlying story as ‎US oil inventories add 2.5M barrels: EIA — flagged automatically, never merged automatically.