The Druzhba oil pipeline between Hungary and Russia at the Hungarian MOL Group's Danube Refinery in Szazhalombatta, Hungary, in 2022.

Oil fell on Thursday after rising in the previous session, pressured by expectations of lower U.S. fuel demand with the end of the summer travel season and by the restart of Russian supply to Hungary and Slovakia through the Druzhba pipeline.

Crude had risen on Wednesday after official data showed U.S. crude inventories fell by 2.4 million barrels in the week ended Aug. 22, compared with analysts’ expectations in a Reuters poll for a 1.9-million-barrel draw, a sign of strong demand.

However, oil market participants see the coming U.S. Labor Day long weekend as the unofficial end of the summer driving season, and the onset of lower U.S. demand for gasolin

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