Crude Extends Losses As U.S. Posts Inventory Build -- Market Talk

Dow Jones

01/23

1239 ET - Crude futures add to losses after the EIA reports increases in crude oil and product inventories for last week. Crude stocks rose by 3.6 million barrels versus average expectations in a WSJ survey of a 500,000 barrel draw. Gasoline inventories were up by 6 million barrels in a 10th straight weekly build, and distillate stocks rose by 3.3 million barrels. WTI is down 2.1% at $59.32 a barrel. Nymex diesel falls 2.1% to $2.3794 a gallon and gasoline is down 2.6% at $1.8091 a gallon. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

January 22, 2026 12:39 ET (17:39 GMT)

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