Crude oil stockpiles saw another fall last week after another surprise draw. This morning’s data from the Energy Information Administration (EIA) showed stocks falling for a fourth consecutive week to a 10-week low of 833.9 million barrels.  This decline was driven by a fall in commercial stock, which were down 4.6 million barrels at 466 million barrels.

A drop in volumes in the Strategic Petroleum Reserve (SPR) was the main contributor to this decline. Crude stockpiles in the SPR were down 1.6 million barrels, falling to the lowest level since October 1983 at 368 million barrels.

There was little love for oil today despite the bigger-than-expected draw in crude stock, a move that would typically be seen as bullish for the commodity. Oil is down 2.4%, making Energy the worst performing sector this afternoon.

Now, it’s all about waiting for Tesla (TSLA), which reports after the close. The stock has been in a rut ever since the company reported lackluster deliveries in March. Since October, the Elon Musk-led company has announced a series of price cuts in China, and since the start of this year, price reductions in both China and the rest of its global markets. On Tuesday, the company reduced prices for Model Y and Model 3 in the U.S. We will see if margin and volume outlook can ignite a stock resurgence.