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WTI Crude Fell Below 92 as Crude Stock Surged

Total crude oil and petroleum products stocks climbed +0.70 mmb to 1062.94 mmb in the week ended October 21. Crude stockpile soared +4.74 mmb to 337.63 mmb as stocks PADD 3 and 5 increased significantly. Cushing stock climbed +0.42 mmb to 31.51 mmb. Utilization rate rose +1.7% to 84.8%.

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WTI Crude Fell Below 92 as Crude Stock Surged

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