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27.05.202620:30:00UTC+00US API Crude Inventories Fall Less Than Prior Week, Hinting at Softer Demand or Rising Supply

US crude oil inventories tracked by the American Petroleum Institute (API) declined again in the latest week, but at a significantly slower pace than before, according to data released on 27 May 2026.

API weekly crude oil stocks fell by 2.8 million barrels, compared with a much steeper draw of 9.1 million barrels in the previous reading. While the continued decline still points to a tightening in crude supplies, the reduced size of the drawdown may suggest a moderation in demand growth or an easing in supply constraints relative to the prior week.

Traders and analysts often watch the API numbers as an early indicator ahead of official US government inventory data, using the size and direction of the stock changes to recalibrate expectations for oil prices and broader energy market dynamics.

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