US commercial crude oil inventories fell sharply by 6.2 million barrels to 459.5 million barrels in the week ending April 24, per the latest EIA Weekly Petroleum Status Report released April 29, driven by record exports that made the US a net crude exporter and refinery inputs averaging 16.1 million barrels per day. This marked a reversal from the prior week's 1.9 million barrel build, amid steady production near 13.3 million barrels per day and firm global demand pushing Brent prices toward $110 per barrel. Traders eye the week ending May 1—closing tomorrow—for further drawdowns influenced by ongoing export strength, refinery utilization above 90%, and import trends, with API estimates due soon and EIA data on May 6 resolving the market.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$553,883 Vol.
375M
1%
350M
<1%
325M
<1%
300M
<1%
250M
<1%
200M
<1%
$553,883 Vol.
375M
1%
350M
<1%
325M
<1%
300M
<1%
250M
<1%
200M
<1%
This market will resolve as soon as the listed value is reached, or once data has been released for the final week ending on or before May 1, 2026, and the listed value has not been reached.
If data has not been released for the final week ending on or before May 1, 2026, by May 9, 2026, 11:59 PM ET, this market will resolve based on the data available at that time.
The primary resolution source for this market will be the U.S. Energy Information Administration, specifically the weekly data published for the U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve at https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W.
Note: this market’s resolution source publishes weekly values of U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve in thousands of barrels. Thus, this will be the level of specificity used to resolve this market.
Market Opened: Mar 13, 2026, 2:06 PM ET
Resolver
0x65070BE91...This market will resolve as soon as the listed value is reached, or once data has been released for the final week ending on or before May 1, 2026, and the listed value has not been reached.
If data has not been released for the final week ending on or before May 1, 2026, by May 9, 2026, 11:59 PM ET, this market will resolve based on the data available at that time.
The primary resolution source for this market will be the U.S. Energy Information Administration, specifically the weekly data published for the U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve at https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W.
Note: this market’s resolution source publishes weekly values of U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve in thousands of barrels. Thus, this will be the level of specificity used to resolve this market.
Resolver
0x65070BE91...US commercial crude oil inventories fell sharply by 6.2 million barrels to 459.5 million barrels in the week ending April 24, per the latest EIA Weekly Petroleum Status Report released April 29, driven by record exports that made the US a net crude exporter and refinery inputs averaging 16.1 million barrels per day. This marked a reversal from the prior week's 1.9 million barrel build, amid steady production near 13.3 million barrels per day and firm global demand pushing Brent prices toward $110 per barrel. Traders eye the week ending May 1—closing tomorrow—for further drawdowns influenced by ongoing export strength, refinery utilization above 90%, and import trends, with API estimates due soon and EIA data on May 6 resolving the market.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions