Daily Vault Briefing

Jun 12, 2026

Crude stocks keep draining across the board while Tokyo retail gold sits near a 37-year high and base-metal warehouses split in opposite directions.

SPR crudeas of Jun 5
349.2 MM bbl
lowest since Aug 2023
-2.2% 1wk-11.1% 30d
3rd pctl of 44-yr record

The SPR holds 349.2 MM bbl as of Jun 5, the lowest since Aug 2023. Down 2.2% on the week and down 11.1% over 30 days.

¥24,065/g
99th percentile of 37-yr record
+3.5% 1d-9.3% 30d
99th pctl of 37-yr record

Tokyo retail gold from Tanaka printed ¥24,065/g on Jun 12, the 99th percentile of the 37-year record. Up 3.5% on the day, but down 9.3% over 30 days.

Cushing crudeas of Jun 5
21.6 MM bbl
-3.6% 1wk-25.7% 30d
17th pctl of 22-yr record

Cushing crude sits at 21.6 MM bbl as of Jun 5, the 17th percentile of the 22-year record. Down 3.6% on the week and down 25.7% over 30 days.

426.5 MM bbl
-1.7% 1wk-6.7% 30d
81st pctl of 44-yr record

US commercial crude holds 426.5 MM bbl as of Jun 5, the 81st percentile of the 44-year record. Down 1.7% on the week and down 6.7% over 30 days.

LME lead stocksas of Jun 11
306,650 mt
91st percentile of 18-yr record
-0.2% 1d+15.5% 30d
91st pctl of 18-yr record

LME lead stocks stand at 306,650 mt as of Jun 11, the 91st percentile of the 18-year record. Roughly flat on the day at down 0.2%, but up 15.5% over 30 days.

322,000 mt
lowest since Sep 2022
-0.9% 1d-8.3% 30d
1st pctl of 18-yr record

LME aluminum stocks fell to 322,000 mt as of Jun 11, the lowest since Sep 2022. Down 0.9% on the day and down 8.3% over 30 days.

649,770 short tons
highest in the 5-mo record
+0.1% 1d+4.3% 30d
100th pctl of 5-mo record

COMEX copper stocks reached 649,770 short tons as of Jun 10, the highest in the 5-month record. Up 0.1% on the day and up 4.3% over 30 days.

15.41M oz
9th percentile of 5-mo record
+1.7% 1d-2.6% 30d
9th pctl of 5-mo record

COMEX registered gold sits at 15.41M oz as of Jun 10, the 9th percentile of the 5-month record. Up 1.7% on the day, but down 2.6% over 30 days.

Sources: CME Group COMEX warehouse reports, LME warehouse data, EIA Weekly Petroleum Status Report, ETF issuer filings, and venue price quotes. Every figure is computed straight from the stored source data; percentiles rank today's level against the series' full record.

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