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BREAKING: Oil inventories increase significantly. WTI plunges below $81

3:30 PM 1 May 2024

Crude oil inventories: +7.265 mb (expected: -2.3 mb; previously: -6.368 mb)

Gasoline inventories: +0.344 mb (expected: -1.02 mb; previously: -0.634 mb)

Distillate inventories: -0,732 mb (expected: +1 mb; previously: +1.614 mb)

Crude oil inventories increased more than private data showed yesterday. Oil ticked lower after the release:

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