FX.co ★ US Crude Oil Inventories Fall More than Expected

U.S. crude oil inventories experienced a decrease of 4.6 million barrels for the week ending March 21, 2025. This decline follows a previous increase of the same amount in the prior week, as reported by the American Petroleum Institute. This reduction in stockpiles exceeded market forecasts, which had anticipated a 2.5 million-barrel decrease after two consecutive weeks of rising inventories.