Friday , 20 September 2024
Home Forex EIA weekly US oil inventories -3436K vs -1088K expected
Forex

EIA weekly US oil inventories -3436K vs -1088K expected

  • Prior was -3741K
  • Gasoline -3665K vs -1043K exp
  • Distillates +1534K vs -1242K exp
  • Refinery utilization -1.5% vs +0.7% expected
  • Production unchanged at 13.3 mbpd

API data late yesterday showed:

  • Crude -4495K
  • Gasoline -1917K
  • Distillates -322K

Crude is mostly moving on geopolitical risks today after the assassination of Hamas’ top political leader and the bombing attack in Beirut.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDJPY rotating back to the downside after extension to a new high stalls

In the morning video, I spoke about the 50% midpoint of the...

Stocks bounce a little off of Waller’s initial comments

The US stocks are moving a little higher on the Fed Waller...

Fed’s Waller: We’re at a point where the economy is strong and we want to keep it that way

The economy is strong and inflation is coming downI was open to...

European equity close: The shine comes off

It was a poor finish to Friday for European stocks and that...