U.S. crude stockpiles fell 6.8M barrels last week, API says

businessinsider
2026.06.02 23:15

U.S. crude stockpiles fell by 6.8 million barrels last week, marking the seventh consecutive weekly decline, according to the American Petroleum Institute. Gasoline inventories rose by 3.5 million barrels, while distillate and Cushing inventories decreased. This data precedes the EIA's report, with analysts forecasting a smaller crude draw. WTI crude oil prices traded around $93.39 per barrel.