FX.co ★ US Crude Oil Stocks Unexpectedly Fall: EIA

During the week ending January 2, 2026, U.S. crude oil inventories decreased by 3.831 million barrels, bringing the total to 419.1 million barrels, contrary to market analysts' projection of a 1.1 million-barrel increase. Meanwhile, crude stock levels at the Cushing, Oklahoma delivery hub saw an increase of 728,000 barrels. Gasoline inventories experienced a significant rise of 7.702 million barrels, reaching 242 million barrels, which significantly surpassed the anticipated increase of 2.2 million barrels. Additionally, distillate stocks, encompassing both diesel and heating oil, climbed by 5.594 million barrels to a total of 129.3 million barrels, exceeding expectations for a 2.1 million-barrel increase.