
U.S. crude oil and fuel inventories fell in the week ended May 21, according to market sources citing the American Petroleum Institute. Gasoline stocks also declined.
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Falling U.S. crude and fuel stocks tighten near-term supply and tend to support crude and diesel prices, which feed into farm input and transport costs.
After 131 past bullish report events, Crude Oil (WTI) moved a median +1.2% over 5 sessions (60% higher; middle half -1.3% to +3.4%), and +2.9% 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.