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by VT Markets
Sep 2, 2026
US Energy Information Administration data for the week to 28 August showed crude oil inventories fell by 4.45m barrels. That compares with market expectations for a 1.1m-barrel draw.
The reported decline was larger than forecast, pointing to a sharper weekly reduction in stocks than anticipated.
The release contrasts the actual change of -4.45m with an expected -1.1m for the same period.
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