- 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
Daily Summary: Wall Street Rotation – Dow Jones gains while AI sector counts losses
BREAKING: Oil inventory report still shows a decline. WTI crude oil at its lowest since the end of February
Fed Warsh tones down the hawkish sentiment and gives hope gold bulls🟡
US Open: Market under pressure from US data and lack of guidance from Warsh