According to the latest EIA data, US crude oil stockpiles have declined while fuel inventories expanded significantly. This divergence reflects robust refining activity across the nation. Lower crude reserves coupled with rising refined product inventory suggests strong domestic demand and efficient processing throughput. The movement carries implications for energy costs and broader macroeconomic conditions—factors that often correlate with risk asset performance in the crypto space. When refineries operate at capacity and fuel stocks build, it typically signals healthy industrial activity and consumer demand, potentially supporting sentiment in commodities and inflation-hedging assets like Bitcoin.