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OIL.WTI gains slightly after US EIA inventories change report

4:51 PM 18 December 2024

Futures on WTI Crude Oil gains slightly as US EIA report showed lower than expected oil inventories decline (and a little higher, than anticipated gasoline inventories change; unexpected sharp drop in distillate inventories).

EIA Crude Oil Inventories: -0.934M (Forecast -1.7M, Previous -1.425M)

  • Gasoline Inventories: 2.348M (Forecast 2M, Previous 5.086M)
  • Distillate Inventories: -3.18M (Forecast 1.1M, Previous 3.235M)
  • Crude Cushing Inventories Actual 0.108M (Previous -1.298M)
 

Source: xStation5

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