# U.S. crude inventories fall as demand hits highest since March 2020 - EIA | Reuters

> The EIA reported that US total product supplied, a proxy for fuel demand, rose to 21.8 million barrels per day, the highest since March 2020. US crude inventories fell, and WTI and Brent traded modestly higher.

- Date: 2021-08-25 · published 2021-08-25T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/11407-u-s-crude-inventories-fall-as-demand-hits-highest-since-march-2020-eia-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Stronger US fuel demand and falling crude stocks tighten the domestic balance and support crude and diesel prices. Higher energy prices raise the cost of fuel and freight for feed production.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-28 | [US crude and distillate inventories fall, gasoline stocks rise, EIA says By Reuters](https://feedsoft.ai/events/271-us-crude-and-distillate-inventories-fall-gasoline-stocks-rise-eia-says-by.md) | -2.1% | — |
| WTI | 2025-02-26 | [US crude stockpiles fall as refining picks up, fuel inventories build, EIA says \| Reuters](https://feedsoft.ai/events/26245-us-crude-stockpiles-fall-as-refining-picks-up-fuel-inventories-build-eia-says.md) | -1.0% | +0.4% |
| WTI | 2024-12-30 | [EIA: U.S. crude stocks fall on strong refining demand](https://feedsoft.ai/events/27162-eia-u-s-crude-stocks-fall-on-strong-refining-demand.md) | +4.2% | +4.2% |
| WTI | 2021-07-21 | [Oil climbs over 4% despite rise in U.S. inventories \| Reuters](https://feedsoft.ai/events/6367-oil-climbs-over-4-despite-rise-in-u-s-inventories-reuters.md) | +6.4% | -1.2% |
| WTI | 2023-08-01 | [EIA forecasts crude oil prices will increase through 2024 as demand rises above supply](https://feedsoft.ai/events/35198-eia-forecasts-crude-oil-prices-will-increase-through-2024-as-demand-rises-above.md) | +0.2% | -1.6% |
| BRENT | 2026-10-28 | [US crude and distillate inventories fall, gasoline stocks rise, EIA says By Reuters](https://feedsoft.ai/events/271-us-crude-and-distillate-inventories-fall-gasoline-stocks-rise-eia-says-by.md) | -4.7% | — |
| BRENT | 2024-12-30 | [EIA: U.S. crude stocks fall on strong refining demand](https://feedsoft.ai/events/27162-eia-u-s-crude-stocks-fall-on-strong-refining-demand.md) | +3.8% | +4.4% |
| BRENT | 2021-07-21 | [Oil climbs over 4% despite rise in U.S. inventories \| Reuters](https://feedsoft.ai/events/6367-oil-climbs-over-4-despite-rise-in-u-s-inventories-reuters.md) | +7.2% | -0.7% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-crude-inventories-fell-latest-week-eia-2021-08-25/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.