{"id":436096,"date":"2026-08-12T22:00:15","date_gmt":"2026-08-12T15:00:15","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/eia-weekly-us-crude-oil-inventories-17-423k-vs-1405k-expected-436096\/"},"modified":"2026-08-12T22:00:15","modified_gmt":"2026-08-12T15:00:15","slug":"eia-weekly-us-crude-oil-inventories-17-423k-vs-1405k-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/eia-weekly-us-crude-oil-inventories-17-423k-vs-1405k-expected-436096\/","title":{"rendered":"EIA weekly US crude oil inventories +17.423K vs -1405K expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior was +2479K<\/li>\n<li>Gasoline -968K vs -1199K expected<\/li>\n<li>Distillates -10K vs -200K expected<\/li>\n<\/ul>\n<p>API data from late yesterday:<\/p>\n<ul>\n<li>Crude +9072K<\/li>\n<li>Gasoline -1531K<\/li>\n<li>Distillates -596K<\/li>\n<\/ul>\n<p>For the week ending August 7, another 6.1 million barrels left the SPR and it recently broke below 300 million barrels. That is a massive build, though some of it was flagged by API and a talk of a mismatch on timing between imports and exports. At the end of the day though, no one is buying crude on a headline like that.<\/p>\n<p>WTI crude oil has been bouncing around on Iran headlines and was last down 40-cents to $82.81 per barrel.<\/p>\n<\/p>\n<p>Meanwhile, the tweeter-in-chief is ranting about Iran on Truth Social:<\/p>\n<blockquote><p>The U.S.A. has total control over over the Strait of Hormuz. I THINK WE<br \/>\nWILL KEEP IT! Our Naval Blockade is being called, by everyone, \u201cA WALL<br \/>\nOF STEEL,\u201d and there is nothing Iran can do about it. They have no Navy,<br \/>\n they have no Air Force, their remaining soldiers are unpaid, the IRGC<br \/>\nis decimated and fleeing, and their \u201cLeadership\u201d is uncertain, at best!<br \/>\nThey have No Money &#8211; Their country is \u201cshot.\u201d All they have is FAKE NEWS<br \/>\n and 300% INFLATION, and getting worse! Iran is all talk and no action,<br \/>\nthe Bully of the Middle East No Longer. Praise be to Allah! President<br \/>\nDONALD J. TRUMP<\/p><\/blockquote>\n<p>On it goes.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior was +2479K Gasoline -968K vs -1199K expected Distillates -10K vs -200K expected API data from late yesterday: Crude +9072K Gasoline -1531K Distillates -596K For the week ending August 7, another 6.1&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436096","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436096"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436096\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}