U.S. crude inventories fall 8.2M barrels

U.S. crude oil inventories declined by 8.2 million barrels during the week ending June 12, 2026, reaching 418.2 million barrels, while gasoline inventories decreased by 0.9 million barrels. Diesel stocks remained high, increasing by 1.0 million barrels, but still about 13% lower than the five-year average. Additionally, oil imports fell to 5.1 million barrels per day, amid rising refinery inputs and decreasing diesel production.

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