U.S. Crude Oil Inventories Decrease More Than Expected, Extending Recent Slump
Bullish strength: 75/100
- Crude inventories fell by 3.1 million barrels versus expectations for a 0.8 million-barrel decline.
- Crude stocks are 3% below the five-year average.
- Gasoline inventories declined by 3.0 million barrels and are 5% below the five-year average.
Bearish strength: 25/100
- Distillate inventories increased by 1.7 million barrels, partially offsetting declines in other petroleum inventories.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.