China’s crude oil stocks surged by 82 mb in 2Q25, or almost 900 kb/d. China’s new policies aimed at improving its energy security are positioning oil companies as long-term strategic storage partners for the government, effectively removing these volumes from the global market. Get the API Weekly Crude Oil Stock results in real time as they're announced and see the immediate global market impact. U.S. crude oil refinery inputs averaged 16.2 million barrels per day during the week ending September 26, 2025, which was 308 thousand barrels per day less than the previous week’s average. Refineries operated at 91.4% of their operable capacity last week. Gasoline production decreased last week, averaging 9.3 million barrels per day. Crude oil inventories refer to the stockpiles of oil held by companies and governments, influencing global supply, demand, and market prices.
