3:34 PM · 29 March 2023

BREAKING: OIL.WTI gains after downbeat DOE report

3:30 pm BST - US, DOE report on US oil inventories.

Oil inventories. Actual: -7.48 mb. Expected: +0.2 mb (API: -6.08 mb)
Gasoline inventories. Actual: -2.9 mb. Expected: -1.6 mb (API: -5.89 mb)
Distillate inventories. Actual: +0.28 mb. Expected: -1.4 mb (API: +0.55 mb)

Recent months have brought a dynamic decline in US oil stocks. Source: XTB Research

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Oil loses 30% in a quarter 🚩 Morgan Stanley cuts forecast again

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Trump Announces a Meeting with Iran Tomorrow in Doha 🚢

Commodities

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Losses can exceed deposits

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