U.S. crude oil inventories rose as utilization drops

After 171 past bearish report events, Crude Oil (WTI) moved a median -1.5% over 5 sessions (37% higher; middle half -4.8% to +1.9%), and -0.9% over 20.

• May 18, 2017CORRECTED-UPDATE 1-Oil drops on rising US crude inventories, defies expected supply cut extension+4.2%
• Mar 6, 2019EIA: US crude inventories climb 7.1 million bbl+0.6%
• Apr 15, 2020Oil drops on record inventory build, supply concerns-32.0%
• Nov 22, 2018Oil falls on rising U.S. inventories, OPEC talk of cut limits loss-5.6%
• Sep 10, 2020Oil prices dip as inventory builds+5.6%

After 86 past bearish report events, ULSD / Diesel moved a median -0.9% over 5 sessions (37% higher; middle half -4.3% to +0.9%), and +0.4% over 20.

• May 18, 2017CORRECTED-UPDATE 1-Oil drops on rising US crude inventories, defies expected supply cut extension+4.9%
• Feb 26, 2025US crude stockpiles fall as refining picks up, fuel inventories build, EIA says | Reuters-4.0%
• Nov 2, 2022Diesel inventories on ‘fumes’ as report sees recent stock rise - FreightWaves+6.0%
• Feb 7, 2018Oil hits one-month low after U.S. inventory build-7.6%
• May 22, 2019Oil prices sink as US crude and gasoline stockpiles rise-5.3%