Inventory Levels Global Market Market Impact Global Markets Global Oil Market OPEC+ Production Levels Production Cuts Market Trends OPEC OPEC Policies Market Disruption Market Dynamics U.S. Oil Reserves Gasoline Demand Oversupply Issues Transport Logistics Global Oversupply U.S. Oil Stocks Production Capacity Chinese Demand EIA Forecasts Refinery Operations Production Disruptions U.S. Energy Sector Geopolitical Risks Global Supply Chains Global Oil Supply Global Supply Chain Refinery Utilization Refining Capacity Venezuela Iranian Oil Exports Market Glut Crude Stocks Non-OPEC Countries Global Oil Prices Production Targets US Crude Inventories Market Stability Market Concerns Global Balances Market Equilibrium Global Surplus Forecasting Production Issues Crude Oil Supply OPEC+ Decisions Market Prices Production Decisions Refining Market Expectations
Traders extended the rally after official data showed an unexpected inventory decline that signaled tighter near‑term supply.