Crude stocks fall again – diesel tightness persists

U.

S. commercial crude inventories posted another draw last week, falling by 2.

4 million barrels to 418.

3 million barrels, according to the latest DOE report.

Inventories are now 6% below the five-year seasonal average, underlining a persistently tight supply picture as we move into the post-peak demand season.

While the draw was smaller than last week’s.