3:35 PM · 16 September 2020

BREAKING: EIA’s crude oil inventories decline even further!

A few moments ago investors were offered The Energy Information Administration’s (EIA) report. The weekly data showed an unexpected crude oil inventories decline and totally missed market expectations. Gasoline inventories fell as well, but not as much as predicted. Surprisingly, distillate inventory showed a huge build-up. The exact results were as follows:

Crude Oil Inventories: -4389k (vs expected: 1453.20k)
Gasoline Inventories: -381k (vs expected: -1059.40k)
Distillate Inventory: 3461k (vs expected: -227.70k)

After significant decrease of crude oil inventories in recent weeks, inventories decline even further. Source: Bloomberg

21 April 2026, 1:30 PM

BREAKING: U.S. sales above expectations!

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Economic calendar: German ZEW and US retail sales in macro focus 🔎

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Economic calendar: Kevin Warsh hearing and earnings season 🔎

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Morning wrap (20.04.2026)

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