Just in: U.S. crude oil inventories posted an unexpected decline of 1.943 million barrels, defying expectations of a 500K increase. The previous period recorded a build of 405K barrels.

This bearish miss signals tighter supply conditions and could have broader implications for energy markets and macro sentiment. When crude inventories contract more than anticipated, it typically reflects stronger demand or supply constraints—both factors that support oil prices.

For crypto traders watching macro trends, don't sleep on energy data. Oil price strength often correlates with inflation expectations and Fed policy discussions, which ripple through risk assets. Keep an eye on whether this inventory surprise fuels further energy sector momentum.