Private inventory data (bbls): Crude +11.4mln (exp. +1.5mln), Distillate -2.8mln (exp. -1.6mln), Gasoline -1.5mln (exp. -0.6mln), Cushing +1.8mln

Private inventory data (bbls): Crude +11.4mln (exp. +1.5mln), Distillate -2.8mln (exp. -1.6mln), Gasoline -1.5mln (exp. -0.6mln), Cushing +1.8mln.

The private inventory data indicates a significant build in crude oil stocks, far exceeding expectations, which suggests weaker demand or excess supply in the face of potential market tightness. The drops in distillates and gasoline are somewhat supportive for prices, but the overwhelming crude build could weigh on sentiment and influence near-term pricing dynamics for WTI and Brent.