Read more
14:32 · 20 September 2023

BREAKING: Oil ticks lower after EIA report

-
-
Open account Download free app
-
-
Open account Download free app

US Energy Information Administration (EIA) released a weekly report on the US oil inventories at 3:30 pm BST today. Private API report released yesterday showed a crude inventory drop that was twice as big as market expected, as well as an unexpected build in gasoline stockpiles. 

Actual report showed a crude inventory draw that was slightly smaller than expected as well as big drops in gasoline and distillate inventories. Oil moved slightly lower following the release but scale of the move was very small - less than 0.3% in the first minute after the release.

EIA report on US oil inventories

  • Oil inventories: -2.14 mb vs -2.5 mb expected (API: -5.25 mb)
  • Gasoline inventories: -0.83 mb vs -0.2 mb expected (API: +0.73 mb)
  • Distillate inventories: -2.87 mb vs -0.5 mb expected (API: -0.26 mb)

Source: xStation5

10 February 2026, 08:50

Economic calendar: Indices and EURUSD await US retail sales report

10 February 2026, 06:54

Morning wrap (10.02.2026)

9 February 2026, 13:47

Market wrap: Novo Nordisk jumps more than 7% 🚀

9 February 2026, 08:50

NATGAS slides 6% on shifting weather forecasts

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.

Join over 2 Million investors from around the world