US Private Inventory Data (bbls): Crude +6.6mln (exp. +0.4mln), Distillates -1.4mln (exp. -1.5mln), Gasoline -4.6mln (exp.-1.6mln), Cushing +0.8mln

The significant build in crude stocks, well above expectations, suggests weaker demand or reduced refining activity, which could weigh on prices. Conversely, the larger-than-expected draws in gasoline and distillates indicate tighter supplies in those categories, potentially supporting their prices. Overall, this data presents a mixed bag for the crude oil market, implying potential short-term volatility as traders assess demand dynamics against inventory trends.