Report week as of November 6, 2026
Supply outpaced demand again this week.
Loosening condition has support from commercial crude inventories, WTI spot price, with no selected contradiction from inventory or WTI, and 1 caveat(s) kept the read conservative.
LooseningCrude Stocks
This week694.0 million barrels
WTI Spot Price
This week$95.97
Available Supply
This week17,256 Mbbl/d
Refinery Demand
This week17,047 Mbbl/d
Balance snapshot
Weekly balance snapshot
- Available Supply
- 17,256 Mbbl/d
- Refinery Demand
- 17,047 Mbbl/d
- Result
- Loosening balance