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.

15 July 2026, 7:25 AM

Morning Wrap: What’s next with the Strait of Hormuz, inflation and US interest rates? (15.07.2026)

14 July 2026, 6:34 PM

Daily Summary: Lower inflation weakens the dollar and awakens gold and S&P 500 to gains

14 July 2026, 4:03 PM

Bypassing Hormuz: Gulf States Race Against Time

14 July 2026, 11:52 AM

Market Wrap: Europe slips on Ormuz escalation, market awaits US CPI

Commodities

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