- US EIA Weekly Oil Inventory Data:
- Crude Oil: Actual: -1.43M. Forecast -1.100M vs -5.073M previous
WTI crude oil did not overreact to the crude inventory data reading. Source: xStation 5
Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD
Gold surges 3% amid falling treasuries yields and US dollar
BREAKING: US EIA gasoline inventories lower than expected, oil stockpiles up
BREAKING 🚨 Oil rebounds to $103 amid Iran remarks on Axios report