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OIL falls below $76 after higher than expected EIA inventories report

4:57 PM 12 February 2025

EIA Crude Oil Inventories: 4.07M (Forecast 2.305M, Previous 8.664M)

  • EIA Gasoline Inventories: -3.035M (Forecast 1.21M, Previous 2.233M)
  • EIA Distillate Inventories: 0.135M (Forecast -2.25M, Previous -5.471M)
  • ​​​​​EIA Crude Cushing stocks: Actual 0.872M (Forecast -, Previous -0.034M)
 

Source: xStation5

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