Crude oil inventories in the US fell by 6.014 million barrels in the week ended August 15, 2025, much more than market expectations of a 1.3 million decline, according to data from the EIA Petroleum Status Report.
Meanwhile, stocks in the Cushing, Oklahoma, delivery hub increased by 419 thousand barrels.
Among refined fuels, gasoline stocks dropped by 2.72 million barrels while stocks of distillate fuels increased by 2.434 million barrels.