US Private Energy Inventories (bbls): Crude -1.8mln (exp +0.3mln), Distillate -2.6mln (exp. -2.3mln), Gasoline -8.5mln (exp. -2.1mln), Cushing -0.8mln

The latest US private energy inventory data shows crude oil inventories declining significantly more than expected, alongside notable drops in gasoline and distillate inventories as well.

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US Private Energy Inventories (bbls): Crude -1.8mln (exp +0.3mln), Distillate -2.6mln (exp. -2.3mln), Gasoline -8.5mln (exp. -2.1mln), Cushing -0.8mln

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This suggests stronger-than-anticipated demand or possible supply constraints, which could push oil prices higher and impact related markets. Market attention will likely focus on how these figures influence energy prices and inventory expectations moving forward.

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