EIA weekly crude oil stocks excluding SPR. Inventory draws signal strong demand or supply tightness; builds signal oversupply or weak demand. The single fastest-moving oil price signal — released every Wednesday.
Crude stocks are a direct supply/demand balancing item. A draw of >3M barrels vs. expectations historically moves WTI +$1–2/bbl. Sustained draws for 4+ weeks confirm a bullish supply/demand balance.
| Factor family | Energy |
| Relative weight | Core |
| Update cadence | Weekly |
| Modeled lead | ~1 weeks (a modeling assumption, not a validated finding) |
| Data source | EIA |
The lead time above is a design assumption, not an out-of-sample-validated relationship for a specific security or index. This is one Energy input among 47; it measures macro context, not a full investment thesis.
XOM · CVX · OXY · COP · XLE · PSX · VLO · MPC
| Date | Score | Status |
|---|---|---|
| 2026-09-06 | 54/100 | ● Neutral |
| 2026-09-05 | 54/100 | ● Neutral |
| 2026-09-04 | 54/100 | ● Neutral |
| 2026-09-03 | 54/100 | ● Neutral |
| 2026-09-02 | 50/100 | ● Neutral |
| 2026-09-01 | 50/100 | ● Neutral |
| 2026-08-31 | 50/100 | ● Neutral |
Unstructured Alpha weighs US Crude Oil Inventories (EIA Weekly) alongside 46 other macro signals to build a Confluence Score for each stock. See how this signal is currently shaping the macro backdrop for the tickers you follow.
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Scores are derived from macro signals (FRED, EIA, SEC filings, FINRA short interest)
and updated as new data arrives. This is not financial advice. Past signal accuracy
does not guarantee future results.
unstructuredalpha.com · Not financial advice