03:30 PM BST, United States - EIA Data:
- Crude Oil Inventories: actual 0.833M; forecast 0.900M; previous -6.873M;
- Gasoline Inventories: actual 2.310M; forecast -0.400M; previous 0.848M;
- EIA Weekly Distillates Stocks: actual 2.308M; forecast 0.300M; previous -0.371M;
Crude oil was trading at $66.70 just before the latest release, but it has since dropped to $65.95, marking a decrease of approximately 1.20%. This decline brings crude oil to its lowest level since the first half of 2023. Overall, OIl.WTI is currently trading 0.30% lower.
Daily summary: massive selloff in crypto; Fed cut in December 💵
Three market to watch next week (21.11.2025)
BREAKING: UoM report suggests a decline in inflation expectations 📌
BREAKING: US PMI beats expectations slightly; EURUSD with no reaction 📌
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