June 18, 2021 The impact of lower crude inventories on imports and exports U.S. crude oil stocks are an important barometer of the health of the global crude oil markets. They are reliably reported on and their levels and weekly changes are closely followed by the energy and financial markets. Significant movements from one week to the next, or changes (up or down) that are very different from what the pundits expect, can move global prices. That is why the members of OPEC also pay close attention to U.S. stock levels. Not surprisingly, Covid-19 has had a significant impact on inventories in the U.S. To read the full article, please fill out the form.