![](https://www.oilandgas360.com/wp-content/uploads/2019/01/01092019crudeInventory-150x150.png)
Weekly Oil Storage: Forecasted Draw
The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks fell by 1,680 MBBL last week to 439,738 MBBL from 441,418 MBBL. This is 5% above the 419,515 MBBL that was in storage at this point last year, and is 8% above the five-year