EIA Crude Oil Inventories: -1.812M (Forecast -1.3M, Previous 0.574M)
- EIA Gasoline Inventories Actual 6.397M (Forecast 2.043M, Previous 4.518M)
- EIA Distillate Inventories Actual 2.502M (Forecast 1.15M, Previous 2.059M)
- EIA Crude Cushing Inventories Actual 0.308M (Previous -0.457M)
Despite lower than expected oil inventories change, gasoline came in much higher than anticipated by oil market. The WTI oil reaction to EIA report was muted, futures are still falling.
Source: xStation5
📈US100 rebound continues
BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal
📌Bitcoin slips despite strong sentiments on Wall Street: Technical look
Strong US macro data: jobless claims lower than expected, Philly Fed rises