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The US EIA strategic petroleum reserve inventories for the week ending January 17 were the highest since the week ending November 4, 2022.
EIA report: January 17 week U.S. domestic crude oil production decreased by 4,000 barrels to 13.477 million barrels per day.
EIA report: the four-week average supply of U.S. crude oil products was 19.652 million barrels per day, an increase of 0.67% over the same period last year.
EIA report: January 17 week U.S. crude oil exports increased by 437,000 barrels/day to 4.515 million barrels/day.
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