US crude stocks at Cushing fall to decade-low, fuel inventories surge, EIA says

After 56 past neutral report events, Crude Oil (WTI) moved a median +0.0% over 5 sessions (50% higher; middle half -2.7% to +2.5%), and +0.8% over 20.

• Oct 9, 2024US crude stocks rose last week, fuel inventories dipped as demand surged, EIA says-4.1%
• Oct 25, 2018US crude stocks rise as fuel inventories draw down-2.0%
• Aug 23, 2023US crude stockpiles fall as refining runs hit 2020 high - EIA | Reuters+1.1%
• Feb 1, 2024EIA: U.S. crude stockpiles rise, products draw on low refining rates-2.6%
• Jun 21, 2022US refining capacity falls to lowest mark in 8 years amid record prices: EIA+1.1%

After 22 past neutral report events, ULSD / Diesel moved a median -0.1% over 5 sessions (50% higher; middle half -3.5% to +2.7%), and -0.2% over 20.

• Jan 1, 2018U.S. crude stocks rise as gasoline falls: EIA - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com-1.2%
• Apr 27, 2017EIA: Inflows of Gasoline and Diesel Into the Midwest Fall as Demand Flattens and Production Grows - Fuels Market News-3.9%
• Nov 1, 2021Rolling a seven: DOE/EIA diesel price now up that many weeks - FreightWaves-1.5%
• May 11, 2019FreightWaves oil report: the EIA sticking to its forecast of what IMO2020 will do to diesel prices - FreightWaves+2.0%
• Jul 29, 2021U.S. renewable diesel capacity could increase due to announced and developing projects - U.S. Energy Information Administration (EIA)-3.8%