# Oil rises about 2% on higher U.S. demand

> Oil prices rose about 2% on Wednesday, with Brent up $1.27 to $62.59 and WTI up $1.26 to $58.50. The gain followed EIA data showing a 961,000-barrel draw in US crude stocks, against expectations for a build, and firmer US fuel demand. Traders also cited sanctions-related supply risk and hopes for a US-China trade deal.

- Date: 2025-10-22 · published 2025-10-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9410-oil-rises-about-2-on-higher-u-s-demand
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A larger-than-expected US crude draw and firm fuel demand point to tighter near-term balances, supporting energy costs for feed producers. The move is modest and mainly reflects short-term market sentiment.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2025-10-22 | 1 | +4.9% | 4.5 | A surprise US crude draw and firmer fuel demand on Oct 22 lifted crude about 2%, adding to the input cost and demand support for diesel. |
| BRENT | 2025-10-22 | 1 | +3.8% | 3.5 | A larger-than-expected US crude draw and firmer fuel demand gave Brent a supportive demand-side lift on Oct 22, alongside sanctions risk. |

## Sources

- cnbc.com: https://www.cnbc.com/2025/10/22/oil-maintains-gains-on-supply-risks-and-us-plan-to-refill-strategic-reserves.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.