The EIA’s weekly report showed a gas injection of +63 bcf — well below the consensus forecast (+72 bcf) and the previous reading (+79 bcf), indicating a slower-than-expected build-up in storage.

Daily Summary – Oil Slides Along with Indices Despite Illusory Hopes for Peace
🛢️Brent Crude Oil Loses 3%
US OPEN: Further records on Wall Street at risk
Oil extends losses and tests local lows 🚩 Piper Sandler bets on a rebound