Crude inventories in the US increased by 13.80 million barrels in the week ended March 5th, following an 21.563 million increase in the previous week and compared with analysts’ estimates of a 0.816 million advance, according to the EIA Petroleum Status Report.
Cushing Crude Oil inventories rose by 0.526 million barrels, following a 0.485 million barrels increase from last week.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appGasoline inventories fell by 11.869 million barrels, following a 13.624 million decrease in the prior period, well above analysts’ expectations of 3.467 million barrels decline.
WTI Crude Oil (OIL.WTI) fell after the release of today's EIA report and is testing support level at $64.30. Source:xStation5
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.
