Official government report on US oil inventories has just been released. While API report released yesterday hinted at a big 7.82 mb build in crude oil inventory, official data showed an even bigger 10.23 million barrel increase. Gasoline inventories also increased more than expected and more than signaled by API report while distillate inventories came in lower.
- Oil inventories: + 10.23 mb vs -3.9 mb expected (API: +7.82 mb)
- Gasoline inventories: +4.49 mb vs +2.6 mb expected (API: +0.88 mb)
- Distillate inventories: +1.36 mb vs +2.3 mb expected (API: +3.39 mb)
WTI (OIL.WTI) dipped following the release and is attempting to break back below $76.00 handle. A near-term support zone to watch can be found in the $75.50 area and is marked with the 23.6% retracement and a 200-hour moving average.
Source: xStation5
Morning Wrap: The weekend slump in oil prices is accelerating 💥 (27.07.2026)
When will the rise in oil prices reach us?
Daily Summary: Equities Diverge as Tech Lags, Europe Rallies on Earnings & PMIs (24.07.2026)
Three markets to watch next week (24.07.2026)
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.
