Report from the US Department of Energy did not cause much movement. Crude and gasoline inventories fell less than expected. Distillate stocks were a positive surprise, beating market expectations.
• Oil inventories: -1.019 million barrels vs -2.129 million barrels expected (API: +0.56 million barrels)
• Gasoline inventories: -0.482 million barrels vs -1.641 million barrels expected (API: -4.23 million barrels)
• Distillate inventories: +1.657 million barrels vs +1.0 million barrels expected (API: -0.95 million barrels)

OIL.WTI remains steady after the DOE reserves report. Source: xStation 5
Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report
📈 Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30
Silver rallies 3% 📈 A return of bullish momentum in precious metals?
Daily summary: Weak US data drags markets down, precious metals under pressure again!