US Crude Oil Inventories Fall More than Expected: EIA
U.S. crude oil inventories saw a significant decrease of 6.014 million barrels for the week ending August 15, 2025, surpassing market forecasts, which anticipated a reduction of just 1.3 million barrels. This information is sourced from the EIA Petroleum Status Report. Conversely, inventories at the Cushing, Oklahoma delivery hub experienced an increase of 419 thousand barrels. Among refined fuels, gasoline inventories saw a reduction of 2.72 million barrels, whereas distillate fuel stocks rose by 2.434 million barrels.
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