5:06 PM · 23 January 2025

BREAKING: Crude oil inventories fall stronger than expected

05:00 PM GMT, United States - EIA Data:

  • Crude Oil Inventories: actual -1.017M; forecast -0.4M; previous -1.962M;

  • Crude Oil Imports: actual 0.184M; previous -1.304M;

  • Gasoline Inventories: actual 2.332M; forecast 2.500M; previous 5.852M;

  • Gasoline Production: actual -0.043M; previous 0.397M;

  • EIA Weekly Distillates Stocks: actual -3.070M; forecast 0.600M; previous 3.077M;

  • Distillate Fuel Production: actual -0.473M; previous -0.021M;

 

Although data suggests an overally improved demand for crude, the WTI contracts continue falling after Donald Trumps' declarations at the World Economic Forum in Davos to pressure OPEC and Saudi Arabia to lower oil prices.

 

Source: xStation5

3 November 2026, 7:00 AM

Morning wrap: Stock Indices Fall Again 🚩 Oil Tries To Rebound Following US Strike on Iran’s Qeshm Island (03.11.2026)

2 November 2026, 6:57 PM

Daily Summary: A Rollercoaster Ride in the Commodities Market🚨Oil Drops 7%; Gold Rallies Over 2%💥

2 November 2026, 4:57 PM

🚨Oil and gas in Europe in a panic sell-off

2 November 2026, 11:31 AM

Chart of the Day: Brent crude falls despite Trump's words about no desire to negotiate

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits