Crude oil inventories in the U.S. decreased by slightly less than expected in the week ended December 26th, according to a report released by the Energy Information Administration on Wednesday.
The EIA said crude oil inventories fell by 1.9 million barrels last week after inching up by 0.4 million barrels in the previous week. Economists had expected crude oil inventories to shrink by 2.0 million barrels.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.