EIA Crude Oil inventories came in: -6.873M vs -0.3M exp. and -0.846M previously
- Gasoline inventories: 0.848M vs -1.11M exp. and -2.203M previously
- Distillate Inventories: -0.371M vs 0.41M exp. and 0.275M previously
OIL WTI erases today, early gains supported by postponed OPEC+ production reports; now gaining 1%. Higher gasoline stocks may signal potentially softer demand across the US economy.
Source: xStation5
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