United States crude oil inventories fell by 4.40 million barrels in the week ended April 17th 2026, well above the 1.0 million barrel draw expected by markets and reversing a 6.10 million barrel increase in the previous week, according to the American Petroleum Institute. Gasoline inventories rose by 0.63 million barrels following a 3.97 million barrel decline in the previous period. Distillate stockpiles which include diesel and heating oil decreased by 3.40 million barrels following a 0.60 million barrel drop in the previous period.