Oil inventories in the United States plummet by 8.263 million barrels in one week, a drop more than double the expected, while Cushing also declines and refineries increase operations to 96.7%.

Written by Fabio Lucas Carvalho

Published on 17/06/2026 at 20:20

Updated on 17/06/2026 at 20:21

Be the first to react!

Oil stocks in the United States fell well above expectations in the week ending June 12, while gasoline also declined, distillates advanced, and refineries increased capacity usage, a movement followed by the energy market.

U.S. oil inventories fell by 8.263 million barrels in the week ending June 12, a drop larger than the 3.5 million forecast by analysts consulted by The Wall Street Journal.

Oil stocks surprise projections

With the result released this Wednesday (17) by the Department of Energy, the stored volume reached 418.222 million barrels. The reduction exceeded market expectations.

The data is significant because oil stocks are monitored as an indicator of supply. The difference between the projected drop and the actual decline showed a more intense movement than expected.

ARTICLE CONTINUES BELOW

Gasoline falls, but distillates advance

In fuels, gasoline stocks fell by 906 thousand barrels, reaching 214.235 million. The drop was smaller than analysts’ estimates, who expected a reduction of 1.5 million.

Distillates, on the other hand, went in the opposite direction. The volume rose by 951 thousand barrels, reaching 103.052 million. The variation contradicted the projection of a 900 thousand barrel drop.

Refineries operate with higher utilization

Refinery utilization increased from 95.3% to 96.7%. The result also exceeded the forecast of a rise to 95.4%.

In Cushing, oil stocks fell by 1.606 million barrels, to 20.034 million. Daily production fell to 754 thousand barrels.

Comment on what caught your attention the most in the numbers released this Wednesday: the larger-than-expected drop in oil stocks, the different behavior between gasoline and distillates, the increase in refinery utilization, or also the decline recorded in Cushing.

0 Comments

most recent

older Most voted

Oil inventories in the United States plummet by 8.263 million barrels in one week, a drop more than double the expected, while Cushing also declines and refineries increase operations to 96.7%.

Oil stocks in the United States fell well above expectations in the week ending June 12, while gasoline also declined, distillates advanced, and refineries increased capacity usage, a movement followed by the energy market.

Oil stocks surprise projections

Gasoline falls, but distillates advance

Refineries operate with higher utilization

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

Mother of two who couldn’t leave her village in India takes a 20-day masonry course, starts a company with other women, receives a large production order, and changes her financial situation.

China off the radar: US plans mega $30 million weapons depot in Australia, out of reach of most Chinese missiles, with full capacity expected by 2028

Giant project connecting Salvador to Ilha de Itaparica advances in Bahia with authorization for the land phase, linear support platform in Vera Cruz, investment over R$ 10 billion, 12.4 km of extension over the sea, and a structure ten times larger than the Ponte de Guaratuba.

From newspaper delivery boy at age 12 to owner of an industry with 215 people, Silmo de Ávila left the countryside, taught himself metallurgy, went bankrupt in 2019, and reemerged by selling kits online until he created machines for livestock in Brazilian agribusiness.

Google employee lived in a 12 m² truck in the company parking lot, used the campus facilities, and exposed the burden of rent in Silicon Valley.

Oil inventories in the United States plummet by 8.263 million barrels in one week, a drop more than double the expected, while Cushing also declines and refineries increase operations to 96.7%.

Oil stocks in the United States fell well above expectations in the week ending June 12, while gasoline also declined, distillates advanced, and refineries increased capacity usage, a movement followed by the energy market.

Oil stocks surprise projections

Gasoline falls, but distillates advance

Refineries operate with higher utilization

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

From newspaper delivery boy at age 12 to owner of an industry with 215 people, Silmo de Ávila left the countryside, taught himself metallurgy, went bankrupt in 2019, and reemerged by selling kits online until he created machines for livestock in Brazilian agribusiness.

World Cup 2026 has fans turning living rooms into stadiums; purchases with Visa increase by 30% in Latin America, streaming surges by 34.6%, and electronics rise by 9.4%, revealing how the passion for football has turned into a race for bigger screens before the ball starts rolling.

China is no longer cheaper because of labor, but because it has entire cities built around a single product for 40 years, and this is something that Vietnam, India, and Mexico will never be able to replicate no matter how much they try.

Tilapia giant puts R$ 12 million on the table, inaugurates mega factory in Brazil, and will process up to 20 tons of fish per day, creating jobs and strengthening family farming.

The “blusinhas tax” was canceled in May 2026, and now the government has already confirmed that it will charge tax again on international purchases starting in 2027, this time with no value limit.

Mother of two who couldn’t leave her village in India takes a 20-day masonry course, starts a company with other women, receives a large production order, and changes her financial situation.

China off the radar: US plans mega $30 million weapons depot in Australia, out of reach of most Chinese missiles, with full capacity expected by 2028

Giant project connecting Salvador to Ilha de Itaparica advances in Bahia with authorization for the land phase, linear support platform in Vera Cruz, investment over R$ 10 billion, 12.4 km of extension over the sea, and a structure ten times larger than the Ponte de Guaratuba.

From newspaper delivery boy at age 12 to owner of an industry with 215 people, Silmo de Ávila left the countryside, taught himself metallurgy, went bankrupt in 2019, and reemerged by selling kits online until he created machines for livestock in Brazilian agribusiness.

Google employee lived in a 12 m² truck in the company parking lot, used the campus facilities, and exposed the burden of rent in Silicon Valley.