03:30 PM BST, United States - EIA Data:
- Crude Oil Inventories: actual 5.474M; forecast 0.800M; previous -2.191M;
- EIA Weekly Distillates Stocks: actual -1.140M; forecast -2.000M; previous -3.534M;
OIL.WTI reached as high as $71.40 per barrel today, but this gain has been reduced drastically after the release of the EIA report. The report for the past week showed a much larger increase in inventories than expected and compared to previous data, leading to renewed selling pressure.
Daily summary: A historic day for precious metals; SILVER loses 30%; USD gains ๐ก
Has the precious metals bubble burstโ SILVER dips over 33% in a single day ๐จ
Three Markets to Watch Next Week (30.01.2026)
โฌSilver below $100, Gold breaches $5000