NewsSignalsAI analysis·Reuters·Nov 12, 2026

US crude stocks, gasoline and distillate inventories rise, EIA says

Grade Bbearish AI signal$WTI$BRENT

U.S. crude inventories surged by 4.7 million barrels last week, sharply exceeding expectations for a 1.1 million-barrel draw, signaling a larger-than-expected supply build. Gasoline stocks increased by 1.8 million barrels and distillate inventories climbed by 4.1 million barrels, while refinery utilization reached 95.2%. The larger-than-expected inventory builds could pressure oil prices by reinforcing concerns about near-term U.S. petroleum supply.

Bullish strength: 20/100

Refinery utilization increased 0.7 percentage points to 95.2%.
Brent and WTI futures were still trading higher at the reported time.

Bearish strength: 80/100

Crude inventories increased 4.7 million barrels versus expectations for a 1.1 million-barrel draw.
Gasoline inventories rose 1.8 million barrels versus expectations for a draw.
Distillate inventories increased 4.1 million barrels versus expectations for a 1 million-barrel decline.
Cushing crude inventories increased by 106,000 barrels.

This is automated NewsSignalsAI analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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