ET 11:01

U.S. Crude Oil Inventories Rise 2.2 Million Bbls to 493.8 Million (EIA Feb 11)

The U.S. Energy Information Administration (EIA) reported on February 11, 2026, that crude oil inventories increased by 2.2 million barrels to 493.8 million barrels, exceeding expectations. The rise followed a strong start to the week and reflects continued supply outpacing demand. Key figures: Inventories up 2.2 mb; at 493.8 mb; vs. 491.6 mb prior week. Analysts note this suggests upward pressure on crude prices as storage capacity nears its 520 mb ceiling. The EIA also reported馏分 fuel stocks down 1.3 mb and distillate stocks down 2.2 mb.

EditorJack Lee