US Private Inventory Data (bbls): Crude -2.2mln (exp. -2.3mln), Distillates -0.3mln (exp. -1.3mln), Gasoline +0.5mln (exp. -2.5mln), Cushing -1.8mln

The US private inventory data shows a slight draw in crude oil inventories at -2.2 million barrels, which is in line with expectations, suggesting stable demand. However, the unexpected increase in gasoline inventories at +0.5 million against an expected draw could signal softer consumption rates, potentially putting downward pressure on prices. The implications for energy markets may center around adjusting supply outlooks, influencing both WTI and Brent crude benchmarks.