3:33 PM ยท 7 September 2023

OIL.WTI with no reaction on EIA report ๐Ÿ“Š NATGAS rises 3%

EIA reports came in today, but OIL.WTI didn't react on it as much as NATGAS, where we can see 4% rally fueled by lower than expected US inventories. Oil prices are lower today due to further weak macro data from Chinese economy. In August import in China dropped 7,3% y/y vs 9% exp. from Reuteres analyst but in the 8 months of 2023 but commodity import was 14,7% higher y/y vs 12,5% y/y in July. China economy is the biggest oil importer in the world so macro data and seniments about future macro conditions there are crucial for oil demand, as well as OPEC+ policy.

  • Natural gas: 33 bcf vs 42 bcf exp. and 32 bcf previously
  • Oil inventories: -6,3 mln vs -2 mln exp. i -10,58 mln poprzednio
  • Gasoline inventories: -2,1666 mln vs -1 mln exp. i - 214 tys. previously
  • Distillate inventories: 679 tys. vs 1 mln exp. i 1,23 mln previously
  • Oil inventories in Cushing (Oklahoma): 1,75 mln vs 1,5 mln previously

Source: xStation5

2 November 2026, 11:31 AM

Chart of the Day: Brent crude falls despite Trump's words about no desire to negotiate

2 November 2026, 6:40 AM

Economic Calendar - Global series of industrial PMI indicators and tech giants' results

2 November 2026, 6:21 AM

๐Ÿ“ŠMorning Wrap: Oil falls after Qatar talks. China injects liquidity, while the US prepares for elections.

30 October 2026, 6:30 PM

๐Ÿ’ฅDaily Summary: Tech Sector Crash on Wall Street and Historic Attack on Binance

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 Comissรฃo de Valores Mobiliรกrios (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