Read more
XTB Online Trading

OIL WTI drops after EIA US inventories report

4:30 PM 5 September 2024

EIA Crude Oil inventories came in: -6.873M vs -0.3M exp. and -0.846M previously

  • Gasoline inventories: 0.848M vs -1.11M exp. and -2.203M previously
  • Distillate Inventories: -0.371M vs 0.41M exp. and 0.275M previously

OIL WTI erases today, early gains supported by postponed OPEC+ production reports; now gaining 1%. Higher gasoline stocks may signal potentially softer demand across the US economy.

Source: xStation5

Share:
Back

Market News

20.06.2025
18:44

Daily summary: Wall Street erases all early-trading gains, euro's strength continues (20.06.2025)

Wall Street indices turned negative after the Wall Street Journal published a report on plans to tighten U.S. export regulations for semiconductor...

 18:24

🍫 COCOA dips 6%

Cocoa futures are down nearly 6% today, hitting a two-month low. Once again, the cause of the panic sell-off and spike in volatility is the forecast of...

 17:59

Fed's Barkin comments on US economy 🏛️

Fed member, Thomas Barkin commented today the situation in the US economy and businesses. Here is the breakdown from his remarks. His comments are more...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits