3:32 PM · 3 May 2023

BREAKING: US oil inventories rose 3rd week in a row

Crude Oil Inventories: -1.280M (Forecast -0.5M, Previous -5.054M)

Gasoline Inventories: 1.743M (Forecast -1.5M, Previous -2.408M)

Distillate Inventories: -1.191M (Forecast -0.8M, Previous -0.576M)

Crude oil inventories decreased 3rd week in a row and fell more than expected. on the other hand gasoline inventories increase which may be a signal of weakening demand. WTI oil price continues its hard decline and breaks below 69 USD per barrel.

Source: xStation5

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12 June 2026, 10:06 AM

Brent crude oil deepens losses to -3% due to details of potential agreement

12 June 2026, 8:54 AM

Chart of the Day: Is this a "real" breakthrough in the oil market this time? (12.06.2026)

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