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Oil inventories. Actual: -17,04 mb Expected: -0.9 mb (API: -15.4 mb)
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Gasoline inventories. Actual: 1,48 mb Expected: -1.4 mb (API: -1.68 mb)
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Distillate inventories. Actual: -0,79 mb Expected: +0.8 mb (API: -0.51 mb)
Although the EIA reading was one of the lowest in history, WTI prices do not react to this reading and prolong the dynamic downward movement in the face of broad market uncertainty.
Source: Bloomberg Finance L.P. via JavierBlas
WTI oil is down more than 2.5% today. Source: xStation 5
Daily Summary: Powell pulls markets back up! 📈 EURUSD higher
WTI Crude Plunges Over 2% to Lowest Level Since May
Coffee Futures Soar 5%, Break 400 Cents per Pound
Technical look: Gold falls from the record high🔔