Oil Data Digest: Weekly Oil Stock Summary

Research evidence excerpt

Oil Data Digest: Weekly Oil Stock Summary

Update

May 28, 2026 06:09 PM GMT

Morgan Stanley & Co. International plc+MOil Data Digest | Europe Charlotte Firkins

Commodities Strategist

Weekly Oil Stock Summary Charlotte.Firkins@morganstanley.comMartijn Rats, CFA +44 20 7425-3866

Equity Analyst and Commodities Strategist

Martijn.Rats@morganstanley.com +44 20 7425-6618

Total oil inventories drew by 15.6 mln bbls last week. Crude

stocks drew by 8.9 mln bbls, driven by a large draw in the US. Exhibit 7 : Summary table

Refined product stocks drew by 6.7 mln bbls, driven by draws in

the US and Asia.

The charts below summarise all oil inventory data available on a weekly basis for

the US from the EIA, Antwerp-Rotterdam-Amsterdam (ARA) from Genscape and

PJK, Japan from PAJ, Singapore from IE, and the Fujairah hub (UAE).

Exhibit 1: Total oil stocks (crude + Exhibit 2: Crude stocks drew by 8.9 Note: The products figure includes inventories of gasoline, middle distillates

products) drew by 15.6 mln bbls last mln bbls, driven by a large draw in the andthe USfuelSPR.oil plusSource:naphtha.EIA, PJKNW International,Europe data isIEforSingapore,the ARA PAJ,region.Genscape,Includes

week US FEDCom/Platts.

Exhibit 8 : Week-over-week change compared

to 10y average

Source: EIA, PJK International, IE Singapore, PAJ, Genscape, Source: EIA, PJK International, IE Singapore, PAJ, Genscape,

FEDCom/Platts. Includes US SPR. FEDCom/Platts. Includes US SPR.

Exhibit 3: Refined product stocks Exhibit 4: Gasoline stocks drew by 4.7 Note: The products figure includes inventories of gasoline, middle distillates

and fuel oil plus naphtha. NW Europe data is for the ARA region. The US

drew by 6.7 mln bbls, driven by draws mln bbls, driven by draws in the US and includes the SPR.