US Total Crude Oil Stocks Fell Further in Week Ended Oct. 30

10:48 AM EST, 11/04/2026 (MT Newswires) -- US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 1.3 million barrels in the week ended Oct. 30 following a decrease of 2.0 million barrels in the previous week. Excluding inventories in the SPR, commercial crude oil stocks decreased by 900,000 barrels after a 1.9-million barrel decline in the previous week, a smaller decline than the 1.7-million-barrel decrease expected in a survey compiled by Bloomberg. Stocks in the SPR fell by 400,000 barrels in the week after falling by 100,000 barrels in the previous week. Overall crude oil stocks were down 0.2% from the previous week and 16.7% lower than a year earlier. Crude oil inventories are about 4% below the five-year average for this time of the year. Gasoline stocks decreased by 200,000 barrels, compared to the 1.0-million-barrel increase expected. Gasoline stocks were down 0.1% from the previous week, but 1.4% higher from a year earlier. Distillate stocks declined by 3.6 million barrels in the current week, compared with an expected decrease of 1.5 million barrels. Distillate stocks were down 3.5% from the previous week and were 11% lower than in the same week a year ago. Refineries operated at 94.5% of their capacity, up from 92.8% in the previous week.