EIA: US oil inventories up 16 million bbl

US commercial crude inventories, excluding those in the Strategic Petroleum Reserve, increased by 16 million bbl for the week ended Feb. 20, 2026. The week-on-week increase placed inventories at 435.8 million bbl, which is about 3% below the 5-year average for this time of year, the US Energy Information Administration (EIA) said in its Weekly Petroleum Status Report Feb. 25.

Total motor gasoline inventories fell by 1.0 million bbl last week and are 3% above the 5-year average for this time of year. Finished gasoline inventories declined, but blending components inventories rose.

Distillate fuel inventories increased by 300,000 bbl for the week ended Feb. 20. The inventories are about 5% below the 5-year average.

EIA reported that US crude oil refinery inputs last week averaged 15.7 million b/d, down 416,000 b/d from the previous week’s average. Refineries operated at 88.6% of their operable capacity.

Gasoline production decreased to an average 9.2 million b/d. Distillate fuel production decreased by 136,000 b/d, averaging 4.8 million b/d.

US crude imports averaged 6.7 million b/d, up 136,000 b/d from the previous week’s average. Over the last 4 weeks, crude imports averaged 6.5 million b/d, 4.9% more than the same 4-week period last year.

Total motor gasoline imports, including both finished gasoline and gasoline blending components, averaged 563,000 b/d. Distillate fuel imports averaged 411,000 b/d last week.