Crude oil inventories in the US: +5.2 mb (forecast: -0.286 mb; prior: -6.858 mb)
Gasoline inventories: -4.7 mb (forecast: -1.8 mb; prior: -5.9 mb)
Distillate inventories: -0.643 mb (forecast: -2.5 mb; prior: -3.3 mb)
Crude oil inventories have risen significantly, accompanied by a sharp decline in gasoline and distillate inventories. This is due to a decline in refining capacity utilization, but also to a recovery in fuel demand in the US. Crude oil is currently attempting to rebound after the declines that occurred in the early afternoon, reacting to the support level at $60 per barrel.
US Open: S&P 500 close to highs - as September Fed hike chances fall (13.08.2026)
Coffee Falls 5% on ICE 📉 Profit-Taking Hits the Market Despite Low Arabica Inventories
🚩 Orange Juice Futures Near Multi-Year Lows – What Does the CoT Report Show?
Oil declines under the weight of inventories