
The EIA reported that U.S. crude stocks rose last week while fuel inventories fell sharply. Back-to-back major hurricanes pushed gasoline demand to nearly a three-year high.
A sharp drop in fuel inventories alongside strong demand tightens near-term product supply and supports gasoline and diesel prices. Hurricane-related disruption adds to upward pressure on fuel costs for feed transport.
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.
After 109 past bullish report events, ULSD / Diesel moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.