3:30 pm BST - DOE report on oil inventories.
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Oil inventories. Actual: -3.28 mb. Expected: -1.5 mb (API: -5.63 mb)
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Gasoline inventories. Actual: -0.027 mb. Expected: -1.8 mb (API: +0.27)
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Distillate inventories. Actual: -0.66 mb. Expected: +0.2 mb (API: +1.05 mb)
Daily Summary: Blue Wave in Congress Triggers Market Euphoria, Oil Plunges
🛢️Oil suffers sharpest fall since April (-9%)
BREAKING: US oil inventories fall less than expected, but prices drop due to elections and hopes for a US-Iran deal
BREAKING: Democrats take both chambers of Congress🗽