US crude stocks fall 6.1 million

Oil imports into the United States increased to an average of 5.6 million barrels per day, while commercial oil inventories decreased by 0.5 million barrels. Additionally, overall oil inventories saw a significant decline of 6.1 million barrels, reaching 412.1 million barrels for the week ending June 19. The data also showed refinery inputs dropping to 17.1 million barrels per day and gasoline production decreasing to 9.5 million barrels per day, with refineries operating at 96.1% capacity. These figures are an important indicator of the balance between supply and demand in the global oil market.

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