Read more
4:32 PM · 29 November 2023

BREAKING: Oil stocks rise, though less than a week ago

EIA inventories for the last week:

  • EIA Crude Cushing Inventories Actual 1.854M (Forecast -, Previous 0.858M)
  • EIA Crude Cushing Inventories Actual 1.854M (Forecast -, Previous 0.858M)
  • EIA Crude Oil Inventories Actual 1.61M (Forecast -0.05M, Previous 8.701M)
  • EIA Gasoline Inventories Actual 1.764M (Forecast -0.7M, Previous 0.749M)
  • EIA Distillate Inventories Actual 5.217M (Forecast -1.342M, Previous -1.018M)

The unexpected large increase in distillate inventories, particularly diesel, is a significant and welcome development given the previously critically-low levels. This surge in supplies is seen as bearish for oil prices, which were already declining before the data release. This situation could serve as a cautionary signal to OPEC, suggesting that the crude market is not as tight as previously thought.

Source: xStation 5

8 May 2026, 1:30 PM

BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨

8 May 2026, 11:59 AM

📈 EURUSD up 0.4% before the NFP

8 May 2026, 7:20 AM

Economic calendar: NFP and central bankers to fight for the spotlights with war updates (08.05.2026)

7 May 2026, 9:45 AM

NOK surges following Norges Bank's rate hike

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