3:39 PM · 2 February 2022

BREAKING: US crude inventories fall against expectations

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The US Department of Energy released a weekly report on the change in US oil inventories at 3:30 pm GMT today.

Oil inventories. Actual: -1,047mb. Expected: +1.8 mb (API: -1.645 mb)
Gasoline inventories. Actual: +2,119 mb. Expected: +2 mb (API: +5.816 mb)
Distillate inventories. Actual: -2,41mb. Expected: -1.5 mb (API: -2.508 mb)

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Losses can exceed deposits

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