- Crude oil inventories build of 2.774 million versus 0.055 million estimate
- Distillates inventories build of 1.147 million versus 0.556 million estimate
- Gasoline inventories build of 2.513 million versus 0.745 million estimate
- Refining utilization 2.3% versus expected 0.8%. Prior was 0.6%
- Crude oil production 13.814 million barrels versus previous 13.834 million barrels
US PPI lower than expected 🗽 Markets react to macro data
Morning Wrap - Will the markets recover from the scandal involving Nvidia's ousted CEO❓
Daily Summary: Oil Rebounds, EURUSD Falls Sharply 🗽 Wall Street Stabilizes After Nvidia Sell-Off
Oil Gains Nearly 2% Despite a Sharp Rise in US Inventories 📈