SunSirs: EIA Crude Oil Inventories Rise More Than Expected
November 28 2025 14:45:14 SunSirs (Selena)
On November 27th, the U.S. Energy Information Administration (EIA) reported that U.S. crude oil inventories increased by 2.77 million barrels last week, compared to analysts' expectations of a decrease of 2.329 million barrels and a decrease of 3.426 million barrels the previous week.
The increase of 2.77 million barrels in U.S. crude oil inventories last week significantly exceeded analysts' expectations of a decrease of 2.329 million barrels (a deviation of approximately 5.1 million barrels), and the previous week's inventory decrease of 3.426 million barrels indicates an exacerbation of oversupply or weak demand. Unexpected inventory accumulation typically puts downward pressure on spot prices; therefore, this is assessed as a major bearish factor, exerting significant downward pressure on crude oil spot prices.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2026-02-13 SunSirs: China's Oil and Gas Reserves and Production Hit Record Highs Last Year
- 2026-02-13 SunSirs: The Benchmark Prices for Crude Oil in SunSirs Fall on February 13
- 2026-02-13 SunSirs: China's Oil and Gas Exploration and Development Yields Abundant Results in 2025
- 2026-02-12 SunSirs: The Benchmark Prices for Crude Oil in SunSirs Fall on February 12
- 2026-02-12 SunSirs: Commodities Roundup: Crude Oil Rises, Nickel Prices Extend Gains for Fourth Day, Silver Surges
