Economic Times | High crude inventories a cause of concern for oil Economic Times As of August 26, 2016, absolute crude inventories in the US stood at around 525.87 million barrels, which is very high for this time of the year. US crude stock has been at a record high in last two years, thanks in part to the shale oil boom that ... Consensus to steady oil price: Algeria Algeria energy minister sees consensus on need to steady oil price - APS Algeria energy minister sees consensus on need to steady oil price |