US API Crude Oil Inventories Rose 1.019M Barrels Last Week

The build is modest and, on its own, unremarkable; the more interesting split is within the barrel. Gasoline stocks rose sharply while distillates drew, suggesting product markets are moving in opposite directions rather than reflecting a single demand signal. The Cushing increase is small and a fraction of the prior week's, which matters more for the crude benchmark's storage picture than the headline number. Whether the gasoline build persists and the distillate draw continues is the open question.