Why it matters
Lower inventories can matter to energy markets and businesses that rely on fuel, including households, shippers and manufacturers. The report does not describe a specific change in costs or supply for consumers.
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U.S. commercial crude oil inventories fell by 865,000 barrels, while distillate stocks reached their lowest level in more than two decades, according to the EIA as reported by The Wall Street Journal. The report does not establish what this means for fuel prices.
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Lower inventories can matter to energy markets and businesses that rely on fuel, including households, shippers and manufacturers. The report does not describe a specific change in costs or supply for consumers.