May 29, 2026 · United States

Weekly Analysis

The full read for the week ending May 29, 2026.

Partial

This page puts the week together: the condition, the signals that support it, what complicates it, and how much confidence to place in the result.

  • Crude Stocks

    Mixed

    790.8 million barrels

    This week
    Down 16.0 million barrels vs. last week
    About
    U.S. commercial crude inventories

  • WTI Spot Price

    Mixed

    $93.45

    This week
    Down $11.87 vs. last week
    About
    West Texas Intermediate spot price

  • Available Supply

    Mixed

    14,230 Mbbl/d

    This week
    No weekly change available
    About
    Production + net imports

  • Refinery Demand

    Mixed

    16,881 Mbbl/d

    This week
    No weekly change available
    About
    Refinery net crude input

  • Supply & demand balance

    Mixed

    Tightening balance

    This week
    No weekly change available
    About
    May 29, 2026 · United States
Crude Stocks
790.8 million barrels
No unit supplied
Mixed
U.S. commercial crude inventories
WTI Spot Price
$93.45
No unit supplied
Mixed
West Texas Intermediate spot price
Available Supply
14,230 Mbbl/d
No unit supplied
Mixed
Production + net imports
Refinery Demand
16,881 Mbbl/d
No unit supplied
Mixed
Refinery net crude input
Supply & demand balance
Tightening balance
No unit supplied
Mixed
May 29, 2026 · United States
  • The balance uses a simplified U.S. crude equation rather than a full refinery accounting model.

What this analysis uses

This analysis uses four EIA weekly series. The Balance page covers what the equation leaves out, and those limits apply here too.

One extra limit: correlation is not causation. When inventories draw down and WTI rises in the same week, that counts as agreement, not proof that one caused the other.

The analysis doesn't claim to know why prices moved.

Where to start

Start with the Balance page if you want to see the equation. Start with Inventory or Price if you want to follow one signal in depth.