4:42 PM · 16 August 2023

BREAKING: US oil inventories down but price with no reaction!

Decrease in oil inventories by 7 million! A drop of 2 million brk was expected with a previous increase of 5.85 million

Gasoline stocks fall by only 260 thousand with an expected drop of 1.6 million and a previous drop of 2.66 million

Distillate stocks rise by 300,000 on expectations of a 500,000 decline and with a previous decline of 1.7 million.

Oil reacted positively in the first reaction, but gains were quickly subdued near $81. Oil still moves near daily lows.

17 June 2026, 6:53 AM

Morning Wrap: Emotions Subside After the Truce. The Fed Takes Center Stage in the Markets

16 June 2026, 6:53 PM

Daily Summary - Oil Nearly Erases War Gains as Wall Street Pulls Back Ahead of Fed Decision (16.06.2026)

16 June 2026, 5:41 PM

⚫Brent Crude Oil Below $80!

16 June 2026, 11:46 AM

Oil slips 3% 📉 Will the price fall below $80?

Commodities

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