U.S. Crude and Gasoline Inventories Fell Last Week, EIA Reports
Key takeaways
- crude and gasoline inventories declined last week while distillates rose, according to EIA data released on Wednesday.
- This comes alongside reports of tankers exiting the Strait of Hormuz with millions of barrels of crude.
AI insight — what it means
U.S. oil and gasoline stockpiles dropped last week, pointing to tighter supply.
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