How much did U.S. crude oil inventories decline last week, and how did that compare to analyst expectations?

U.S. crude oil inventories fell by 4.5 million barrels to 424.5 million barrels in the week ended August 28, significantly exceeding analysts' expectations of a 1.1 million-barrel draw, as reported in a Reuters poll.

What were the changes in U.S. gasoline and distillate inventories, and how did they compare to market expectations?

Gasoline stocks declined by 1.2 million barrels to 205.7 million barrels—less than the expected 1.8 million-barrel draw—while distillate stockpiles rose by 0.8 million barrels to 104.2 million barrels, contrary to expectations of a 1.3 million-barrel drop.

US Crude and Gasoline Inventories Fell Last Week, EIA Says

Sep 2, 2026

The U.S. Energy Information Administration reported a 4.5 million barrel drop in crude inventories and a 1.2 million barrel decline in gasoline stocks, while distillate supplies increased by 0.8 million barrels last week.

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