Read more
15:38 · 25 March 2026

BREAKING: US Oil Inventories Surge Again. Oil WTI stable above $88

  • Crude Oil Inventory Change: 6.93m bbl (Expected: 0.5m bbl; Previous: 6.16m bbl)
  • Gasoline Inventory Change: -2.59m bbl (Expected: -2.1m bbl; Previous: -5.44m bbl)

  • Distillate Inventory Change: 3.03m bbl (Expected: -1.4m bbl; Previous: -2.53m bbl)

US crude inventories have recorded another sharp increase, though this is partially offset by another significant draw in gasoline stocks. Yesterday’s API report had estimated a more modest crude build of 2.3m bbl. Notably, refinery utilization rose by 1.5 percentage points; therefore, the decline in gasoline inventories points to resilient demand, while the rise in distillates suggests the end of the heating season. Despite these figures, the report has had little impact on oil prices, which remain primarily driven by developments in Iran.

WTI crude is finding support near $88 per barrel at the 25-period moving average. Iran's rejection of peace terms indicates that tensions in the Middle East will remain high for the foreseeable future. At the same time, continued pressure from the US suggests that Washington is keen to avoid a prolonged conflict, which has been driving up commodity prices and generating massive economic costs.

 

 

14 April 2026, 18:34

Daily Summary: U.S. stock indices are climbing following the PPI data

14 April 2026, 15:13

US OPEN: Wall Street Rallies on Soft PPI Data

14 April 2026, 15:08

Software stocks rebound, as JPM falls flat and peace hopes remain

14 April 2026, 13:30

BREAKING: US PPI comes in weaker than expected. EURUSD gains ground

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.