US Weekly Private Inventory Data (bbls): Crude -0.2mln (exp. +1.8mln), Distillate +2.0mln (exp. -0.6mln), Gasoline-0.4mln (exp. +1.0mln), Cushing -0.0mln

US Weekly Private Inventory Data (bbls): Crude -0.2mln (exp. +1.8mln), Distillate +2.0mln (exp. -0.6mln), Gasoline-0.4mln (exp. +1.0mln), Cushing -0.0mln.

The latest US Weekly Private Inventory Data shows a notable draw in crude oil inventories, contrary to expectations for a build, which could signal tighter supply conditions. Meanwhile, the increase in distillate stocks and a slight draw in gasoline indicate mixed demand signals, suggesting that while crude might support prices, refinery dynamics could be impacting overall sentiment in the energy market.