FX.co ★ US Crude Oil Inventories Fall More than Expected: EIA

In the week concluding on November 14, U.S. crude oil inventories saw a reduction of 3.426 million barrels, surpassing the anticipated market decrease of 0.6 million barrels. Specifically, at the Cushing, Oklahoma delivery hub, crude stocks diminished by 698,000 barrels. In terms of refined fuels, gasoline stockpiles increased by 2.327 million barrels, while distillate fuel inventories rose by 0.171 million barrels.