Core Insights - U.S. crude oil exports for the week ending June 6 were at their lowest level since the week of April 4, 2025 [1] - Commercial crude oil inventories, excluding the Strategic Petroleum Reserve, were at their lowest since the week of February 21, 2025 [1]

Core Insights - The U.S. EIA strategic petroleum reserve inventory reached its highest level since October 21, 2022, as of the week ending May 16 [1] - Gasoline inventory saw the largest increase since January 31, 2025 [1] - Commercial crude oil inventory, excluding strategic reserves, is at its highest level since July 5, 2024 [1]