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EnergyReportedMedium
5.3

US crude inventories fall 2.09M barrels; SPR draws continue

API data shows a 2.09 million barrel draw in US crude inventories for the week ending Oct 2, reversing the prior week's build. Inventories have declined over 25 weeks but remain up year-to-date, with continued SPR releases. The draw suggests tightening supply, though the market impact is moderated by the ongoing SPR release.

OilPrice.com2 days agoUSengCredibility 49%View source

Score Breakdown

Mosaic Score5.3
Model confidence0.7
Significance0.5
Source credibility0.5

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