FX.co ★ US Crude Oil Inventories Post Unexpected Gain

In the week concluding on May 16, 2025, US crude oil inventories saw an unexpected increase of 2.499 million barrels, according to the American Petroleum Institute. This follows a significant rise of 4.29 million barrels in the preceding week. Contrary to market expectations, which had anticipated a drawdown of 1.85 million barrels, this surprise inventory build was unforeseen by industry analysts.