WTI crude oil gained on a larger-than-expected decline in U.S. crude inventories.
- Oil inventories: -1.630 M, Expected: -0.1 M
Gasoline +69k
Distillet +125k
Cushing -1.979 M - biggest draw since Jan
Production 13.2 Mb/d, -100k b/d

Three markets to watch next week (13.03.2026)
Morning Wrap: Russian Oil with a 30-Day Purchase Permit
Cattle futures fall amid JBS plant strike, rising corn and Middle East ๐
Morning Wrap: Conflict Escalation Pushes Oil to $100 (12.03.2025)