🚨 (319,000 barrels) 🤯API Data: U.S. Distillate Stocks Drop Less Than Expected.


According to Jin10, the latest American Petroleum Institute (API) report shows:


📉 U.S. distillate stocks fell by 319,000 barrels for the week ending May 8.


This is a much smaller draw compared to expectations of a 2.995 million barrel decline, and follows a previous drop of 4.642 million barrels.


The weaker-than-expected decrease may signal softer demand or shifting supply dynamics in the U.S. energy market, keeping traders cautious ahead of official data releases.

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