Recent data from the EIA shows an interesting shift in US energy inventories. Crude oil stockpiles are declining, a sign that demand or refining activity is picking up pace. At the same time, fuel inventories are rising—indicating strong refining output despite the draw on crude supplies.

This kind of market dynamic often signals economic activity picking up steam. When refineries are humming and fuel stocks build up while crude reserves shrink, it typically means energy consumption is expected to stay robust. Worth watching if you're tracking macro trends and how they might influence broader asset markets.