7 October 2026, 17:40  US: Crude Inventories Fall the Most in 5 Weeks.

US crude inventories fell by 3.186 million barrels in the week ended October 2nd, the biggest drop in five weeks, compared to market expectations for a 1.7 million-barrel rise, and following a 0.922 million barrel increase in the previous week. Crude stocks at the Cushing, Oklahoma, delivery hub rose by 0.444 million barrels, extending a 0.553 million gain the week before. Refinery crude runs rose by 0.223 million barrels per day, the most in ten weeks. Gasoline stocks increased by 0.382 million barrels, compared to forecasts for a 1.7 million-barrel decrease. Distillate stockpiles, which include diesel and heating oil, fell by 0.042 million barrels, less than expectations for a 2.1 million-barrel drop. Net US crude imports decreased by 0.053 million barrels per day.

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