US Commercial Oil Reserves Drop 4.3 Million Barrels, Remain Slightly Below 5-Year Average

MOSCOW, May 13. /TASS/. Commercial oil reserves in the United States fell by 4.3 mln barrels over the week and amounted to 452.9 mln barrels as of May 8, 2026, the country's Department of Energy reported. The current stock level is 0.3% below the five-year average typical for this time of the year, the department added. As of 5:30 p.m. Moscow time (2:30 p.m. GMT) the price of July 2026 futures for Brent oil on London’s ICE was up by 0.31% at $108.1 per barrel while the price of futures for WTI oil with June delivery was up by 1.36% at $103.57 per barrel.