Mumbai, Oct. 29 -- WTI Crude oil futures saw a large uptick in last session but failed to hold onto the gains. A rise in US gasoline inventories clubbed with selling pressure around six-week highs capped upside for the counter. Data out yesterday showed that for the week ending October 23, 2026, US refineries processed 16.5 million barrels per day (b/d), down 123,000 b/d from the previous week, at 92.8% capacity utilization. US gasoline stocks rose by 3.9 million barrels in the week to 209.2 million barrels, marking the strongest surge in nine months. US crude oil imports also stayed elevated. Crude oil imports increased 616,000 b/d to 6.4 million b/d, and the four-week average of 6.3 million b/d is 9.3% above the year-ago level.
However, ...