Cushing crude stockpiles just dropped harder than expected – down 457,000 barrels this week. That's nearly 7x the previous week's draw of 68,000 barrels.

What's interesting here? Tighter oil supplies usually signal stronger demand or supply chain shifts. For macro watchers, this could nudge energy prices upward and add pressure to inflation narratives – something that tends to ripple into risk assets including crypto.

Keep an eye on how this plays with Fed expectations. If oil keeps climbing, it complicates the rate cut timeline everyone's betting on.