Crude Oil: US reserves are low
Jun 22, 2026

Crude OIL

US oil inventories remain relatively low by historical standards. If crude oil continues to decline, lower prices could encourage SPR replenishment, as officials have previously indicated interest in buying at lower prices, while also supporting stronger commercial demand. That gap from March 1st near 67 remains the first major downside level to watch.

US reserves

Become a premium member

Get daily Elliott Wave updates for US Single Stocks, SP500,DAX, GOLD, SILVER, CRUDE, FX, CRYPTO, etc. or apply for unlimited access to the Elliot Wave educational videos.

Register and look inside of our members area

SPACEX IPO

SpaceX IPO: Why Chasing The First Rally Can Be Dangerous

Read More

Funded Trader Program, now 30% Off

“Trade our money and collect the profits.”

Read More

Learn Elliott Waves

Access to more than 7 hours of educational material

Read More

Now and Then

EURJPY Flashback: Trader Reversal Box Catches the Turn as Yen Strength Returns

Read More

Do you find this interesting? Subscribe to our newsletter and stay up to date.

In our newsletter you will find all the news and macro reports about Forex, Crypto, Commodities and more. Don't miss a thing!



    DISCLAIMER

    Any reviews, news, analysis, prices or other information contained on our website is provided as general market commentary and delivered electronically through a distribution channel to larger number of clients, therefore does not constitute investment advice or investment research. We are not trading advisors. Most of our work is for educational purposes only, with information based on Elliott Wave theory in real time. Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors.

    The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.

    Any information or material contained on our website is owned by Val Global d.o.o.. Reproduction is prohibited without Val Global d.o.o. prior license in writing.