BREAKING: US diesel inventories dropped -3.6 million barrels last week, to 99.3 million barrels, the lowest level since May 2003. Since January 2026, distillate fuel oil inventories have declined -33.7 million barrels, or -25%. Furthermore, the Strategic Petroleum Reserve (SPR) fell -399,000 barrels last week, to 282.2 million barrels, its lowest since October 1982. Since March, oil inventories in the SPR have dropped by -133.2 million barrels, or -32%. Meanwhile, commercial crude oil stocks excluding the SPR declined -865,000 barrels last week, to 409.8 million barrels, their lowest reading since July 31st. US fuel reserves are being depleted at a rapid pace.