NewsSignals AI analysis·Reuters·Oct 28, 2026

US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says

Grade Bbullish AI signal$WTI$BRENT

U.S. crude inventories fell by 1.9 million barrels to 410.6 million, sharply undershooting expectations for a 15,000-barrel increase, according to the EIA. Cushing crude stocks dropped by 624,000 barrels and distillate inventories fell by 1.5 million barrels, while gasoline stocks unexpectedly climbed by 3.9 million barrels to 209.2 million. The larger-than-expected crude draw could support WTI prices, but the gasoline build and lower refinery utilization may temper bullish momentum.</summary>

Bullish strength: 65/100

Crude inventories fell by 1.9 million barrels versus expectations for a 15,000-barrel build.
Cushing crude stocks declined by 624,000 barrels.
Distillate inventories fell by 1.5 million barrels, exceeding the expected 900,000-barrel draw.
Net U.S. crude imports fell by 796,000 barrels per day.

Bearish strength: 35/100

Gasoline stocks rose by 3.9 million barrels versus expectations for a 900,000-barrel draw.
Refinery utilization fell by 0.6 percentage points to 92.8%.

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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