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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: Shutdown ends, rate cut fades and risk is off
BREAKING: Oil inventories raise more than expected! 🛢️📈
Daily summary: Markets Show Slight Optimism Despite the U.S. Shutdown
Silver up 4% on hopes of shutdown ending