America's Oil Supply Is Running Low — Here's What That Means

The U.S. had 409.7 million barrels of crude oil in storage as of July 10, 2026, down 1.7 million from the prior week, per the EIA's July 15 report. That's about 6% below the typical level for this time of year — a gap that could push up fuel costs and squeeze refiners through late summer.