Read more
4:33 PM · 14 December 2022

BREAKING: Oil dips after massive build in US inventories

Official government report on US oil inventories has just been released. While API report released yesterday hinted at a big 7.82 mb build in crude oil inventory, official data showed an even bigger 10.23 million barrel increase. Gasoline inventories also increased more than expected and more than signaled by API report while distillate inventories came in lower.

  • Oil inventories: + 10.23 mb vs -3.9 mb expected (API: +7.82 mb)
  • Gasoline inventories: +4.49 mb vs +2.6 mb expected (API: +0.88 mb)
  • Distillate inventories: +1.36 mb vs +2.3 mb expected (API: +3.39 mb)

WTI (OIL.WTI) dipped following the release and is attempting to break back below $76.00 handle. A near-term support zone to watch can be found in the $75.50 area and is marked with the 23.6% retracement and a 200-hour moving average.

Source: xStation5

15 May 2026, 6:55 AM

Morning Wrap: Trump and Xi shape markets. AI drives record highs while Iran and geopolitics dampen sentiment

14 May 2026, 3:34 PM

BREAKING: Natural gas (NATGAS) prices are rising following the release of EIA data from the U.S.

14 May 2026, 3:03 PM

🟠Copper nears historic highs on sulphur shortages and AI boom

14 May 2026, 6:49 AM

Morning Wrap: Markets freeze as USA-China summit begins 🇨🇳 (14.05.2026)

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