BREAKING: EIA report - oil inventories decline again as oil keeps rising!

15:35 27 September 2023

EIA report fo the last week:

  • EIA Crude Oil Inventories Actual -2.169M (Forecast -0.9M, Previous -2.135M)
  • EIA Crude Cushing Inventories Actual -0.943M (Forecast -, Previous -2.064M)
  • EIA Gasoline Inventories Actual 1.027M (Forecast -0.5M, Previous -0.831M)
  • EIA Distillate Inventories Actual 0.398M (Forecast -1M, Previous -2.867M)

Oil inventories are declining, especially in Cushing, a key oil hub in the USA that supplies the entire country. This decline has raised concerns about potentially low reserves. Conversely, there has been a surge in processed oil reserves due to significant oil processing.

Source: xStation 5

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back

Join over 1.4 Million investors from around the world