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2025.08.0615:06:32UTC+00US Crude Oil Inventories Fall More than Expected: EIA

In the week ending August 1, 2025, crude oil inventories in the United States decreased by 3.029 million barrels, surpassing market expectations of a 1.1 million barrel decrease, as reported by the EIA Petroleum Status Report. In contrast, inventories at the Cushing, Oklahoma, delivery hub experienced a rise of 453,000 barrels. Regarding refined fuels, gasoline inventories saw a reduction of 1.323 million barrels, and distillate fuel inventories decreased by 0.565 million barrels.

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