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

22 April 2026, 7:19 PM

Daily Summary: Unilateral Ceasefire Sufficient for Wall Street

22 April 2026, 3:45 PM

BREAKING: Crude Build Surprises Markets Amid Bullish Product Draws

21 April 2026, 6:39 PM

Daily Summary: As a ceasefire drifts away, markets lose ground

20 April 2026, 9:40 AM

⚫Brent Oil Above $90 per Barrel

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