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USA Crude Oil Inventories 0.640M Barrel Draw Vs 1.600M Barrel Draw Est.

Sep 16, 2026, 2:30 PMBenzinga News-desk

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Source: benzinga
Observed: Sep 16, 2026, 2:30 PM
Checked: Sep 16, 2026, 2:30 PM
Cadence: Captured once, then retained as an archive reference
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BenzingaSep 16, 2026, 3:58 PMBenzinga Newsdesk
Oil is trading lower amid multiple catalysts including reports suggesting Saudi Arabia is offering ship-to-ship transfers for sales, that U.S. officials held talks with Houthi rebels in Oman last weekend, and that Saudi Arabia is trying to restore half of its East-West pipeline capacity within days. Also, API and EIA data indicated weekly U.S. crude and distillate inventory growth, further pressuring the oil price.
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