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BREAKING: US crude inventories fall against expectations

4:39 PM 2 February 2022

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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