3:32 PM · 23 July 2025

OIL.WTI little changed after sharper drop in US inventories

United States – EIA report:

Eia crude oil inventories actual -3.169m (forecast -1.5m, previous -3.859m)

This is very interesting data, clearly diverging from the API report in terms of the change in crude oil inventories. The data shows that demand for crude oil and automotive fuels is strong, but despite this, prices are falling. It's worth noting that crude oil inventories have been moving relatively flat in recent weeks, although seasonal patterns have indicated significant declines.

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2 July 2026, 4:09 PM

EIA Natural gas inventories change higher than expected

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2 July 2026, 3:42 PM

Oil extends losses as easing Middle East tensions push prices toward $70

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Losses can exceed deposits

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