US Crude Oil Inventories Fall the Most in 5 Months

US crude oil inventories fell by 9.014 million barrels in the week ended February 13, the largest decrease in five months and compared with expectations for a 2.1 million barrel build. Stocks at the Cushing, Oklahoma delivery hub also decreased by 1.095 million barrels. Gasoline inventories fell by 3.213 million barrels, above expectations for a 0.3 million barrel draw. Distillate stockpiles, which include diesel and heating oil, fell by 4.566 million barrels, a larger decline than forecasts for a 1.4 million barrel drop.

US crude oil inventories rose by 8.5 million barrels to 428.8 million in the week ended February 6, the largest increase in a year and far above expectations for a 0.8 million barrel build. Stocks at the Cushing, Oklahoma delivery hub also increased by 1.1 million barrels. Gasoline inventories rose by 1.2 million barrels to 259.1 million, compared with expectations for a 0.4 million barrel draw. Distillate stockpiles, which include diesel and heating oil, fell by 2.7 million barrels to 124.7 million, a larger decline than forecasts for a 1.3 million barrel drop.

US crude stocks fell by 3.455 million barrels in the week ended January 30, 2026, the most since October and more than market expectations for a 2 million-barrel draw. Crude stocks at the Cushing, Oklahoma, delivery hub decreased by 743 thousand barrels in the week. Distillate stockpiles, which include diesel and heating oil, tumbled 5.553 million barrels, the most since 2021. On the other hand, gasoline stocks rose by 685 thousand barrels.