Crude oil inventories in the US fell by 11.473 million barrels in the week that ended June 13, 2025, the most in a year and more than market expectations of a 2.3 million barrel decrease, according to data from the EIA Petroleum Status Report.
Also, stocks in the Cushing, Oklahoma, delivery hub went down by 995 thousand barrels.
Among refined fuels, gasoline stocks rose by 209 thousand barrels and stocks of distillate fuels increased by 514 thousand barrels.
