The decline of 17.8 million barrels brings crude inventories to the lowest levels in nearly a year, according to data from the U.S. Energy Information Administration.
Following five hours of debate between the European parliament and member states, the EU approved a version of the deal that includes several new safeguards.
Speaking at 2026's AgTC conference in Tacoma, Washington, on May 19, FMC Chairman Laura DiBella detailed the agency's overarching goal to return to its roots.