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Crude oil inventories in the US fell by 3.644 million barrels in the week that ended June 6, 2025, more than market expectations of a 2.5 million barrel decrease, according to data from the EIA Petroleum Status Report.
Also, stocks in the Cushing, Oklahoma, delivery hub went down by 403 thousand barrels.
Among refined fuels, gasoline stocks rose by 1.504 million barrels and stocks of distillate fuels increased by 1.246 million barrels, both above expectations.