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EIA: US Crude Inventories Fall 3.1M Barrels

US crude oil inventories decreased by 3.1 million barrels in the week ending October 16, bringing commercial stockpiles to 412.5 million barrels, according to EIA data released Wednesday.

Original · OilPrice.com AI summary of public reporting

Why: US crude inventories drop 3.1M barrels → tighter supply

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CL97.89 → 97.10−0.8%
EIA: US Crude Inventories Fall 3.1M Barrels | SignalHub