BREAKING: Oil gains slightly after DoE inventories report

US crude OIL inventories (DoE report): -7.11M barrels vs -2.85M expected and 2.9M previously

Gasoline inventories: -0.575M vs -0.25M and 2.71M previously
Distillate inventories: 0.833M vs 0.02M exp. and 1.485M previously

EIA reports that exports of all products rose to record levels last week, but the reaction on futures is quite muted despite a much faster than expected decline both in crude oil and gasoline.

Source: xStation5

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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.

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