FX.co ★ US Crude Inventories Drop More than Estimates

U.S. crude oil inventories decreased by 4.0 million barrels in the week ending October 24, 2025. This decline follows a 2.98 million-barrel increase the prior week, and it fell short of the anticipated 2.9 million-barrel draw. Notably, this marks the second consecutive week of inventory reduction after two prior weeks of substantial inventory builds.