Reuters
02 Jun 2026, 17:34 UTC · 1h ago
US crude stocks, product inventories likely fell last week
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Reuters
02 Jun 2026, 17:34 UTC · 1h ago
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2 claims · impact-rated
U.S. crude oil stockpiles were expected to have fallen last week. — Lower inventories typically signal tighter supply, which puts upward pressure on crude oil prices.
+0.40Distillate and gasoline inventories were also expected to have decreased. — Declining refined product stocks suggest strong demand or production constraints, supporting fuel price increases.
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