NewsSignals AI analysis·Trading Economics·Oct 28, 2026

US Crude Oil Inventories Fall for 4th Week

Grade Bbullish AI signal$WTI$BRENT

US crude oil inventories fell by 1.892 million barrels for a fourth consecutive week, extending the streak of declining crude stockpiles. Crude stocks at Cushing dropped by 624,000 barrels, distillate inventories fell by 1.462 million barrels, and net US crude imports declined by 796,000 barrels per day, while gasoline inventories rose by 3.87 million barrels. Persistent crude and distillate inventory declines could support oil prices, although rising gasoline stocks and reduced refinery runs may temper bullish momentum.

Bullish strength: 72/100

Crude inventories declined for a fourth consecutive week, falling by 1.892 million barrels.
Cushing crude stocks decreased by 624,000 barrels.
Distillate inventories fell by 1.462 million barrels, exceeding expectations for a 900,000-barrel decline.
Net US crude imports dropped by 796,000 barrels per day.

Bearish strength: 28/100

Gasoline inventories increased by 3.87 million barrels.
Refinery crude runs fell by 123,000 barrels per day.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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