US crude oil inventories saw a significant build in the last week of October, while gasoline and distillate inventories experienced substantial drawdowns, according to recent API and EIA data. Explore how global crude oil inventory data impacts India's economy, inflation, and import costs in this insightful analysis of crude oil dependency and pricing trends. U.S. crude oil refinery inputs averaged 16.2 million barrels per day during the week ending September 26, 2025, which was 308 thousand barrels per day less than the previous week’s average. Refineries operated at 91.4% of their operable capacity last week. Gasoline production decreased last week, averaging 9.3 million barrels per day. Global oil inventories are grouped into three major components. The first includes OECD commercial oil stocks and Strategic Petroleum Reserves (SPRs), with inventory data sourced from OECD national government reports. The second includes non-OECD commercial inventories and SPRs, which have grown in significance since non-OECD oil demand surpassed that of the OECD in 2015, now making up about 56% of global oil demand. However, tracking non-OECD inventory levels remains challenging due to the ...
