{
    "byline": null,
    "charset": "UTF-8",
    "dir": null,
    "excerpt": "US commercial crude oil inventories sit at about 426.4 million barrels (excluding the SPR) \u2014 a 3.0 million barrel build in the week to 18 September, the first in four weeks, against a draw the market expected \u2014 while the Strategic Petroleum Reserve stands at about 285.0 million barrels, its lowest level since 1982 and roughly 40% of its 714 million barrel capacity, with weekly draws now slowed to about 0.4 million barrels (EIA Weekly Petroleum Status Report; SPR confirmed for w/e 11 September). The number that matters this week is not crude. US distillate stocks fell again to 107.5 million barrels, 12% below their five-year average, and retail diesel set another record at $6.5276 a gallon on 22 September \u2014 up nearly a dollar in a month. Crude building while distillate drains is the whole diesel story in one table: the barrel is available, the refined product is not. Washington floated, then denied, a 90-day ban on diesel exports this week; Energy Secretary Chris Wright said nobody was considering a flat ban but discussed voluntary measures to keep more diesel in the US. A DOE spokesperson has told CNBC the reserve\u2019s safe operating minimum is roughly 70 million barrels, distinct from the 252.4 million barrel statutory threshold that restricts certain limited drawdowns.",
    "lang": null,
    "length": 9763,
    "publishedTime": null,
    "siteName": null,
    "title": "Global Oil Inventory Levels \u2014 US Crude, SPR & OECD Days of Cover"
}