The US Department of Energy released a weekly report on the change in US oil inventories at 3:30 pm GMT today.
Oil inventories. Actual: -1,047mb. Expected: +1.8 mb (API: -1.645 mb)
Gasoline inventories. Actual: +2,119 mb. Expected: +2 mb (API: +5.816 mb)
Distillate inventories. Actual: -2,41mb. Expected: -1.5 mb (API: -2.508 mb)
European markets record sharp declines, as investors’ anxiety grows ahead of the looming tariff negotiation deadline. Donald Trump’s pledge...
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