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Signal · Commodities & Input Costs

USA Crude Oil Stocks Drop 3MM Barrels WoW

Rigzone Trade press Published 22nd October 2026 Global

What the source reported

Source-reported

Commercial crude oil stocks, not including the SPR, came in at 412.517 million barrels on October 16, the EIA's latest weekly petroleum status report showed.

Publication
Rigzone · Trade Publication
Published
22nd October 2026
Original report
rigzone.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
22nd October 2026 · 17:55

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 2 · Low

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 Low (37.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor
Impact-Scale Specificity
Limiting factor
Likely Event Severity