US crude stockpiles rose for a fifth straight week, up 6.3 million barrels versus expectations of 3.7 million, while gasoline stocks fell 4.8 million and distillates fell 2.3 million. Refinery utilization rose 0.4 points to 89.2 percent as maintenance season begins to wind down.
Sharper-than-expected distillate and gasoline draws point to firmer refined product demand into the winter season, supporting diesel prices and 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.