Thursday , 23 January 2025
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Your email address will not be published.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

The US treasury auctions $20B of 10 year TIPS at a high yield of 2.243%

High yield 2.243%WI 2.232%Tail 1.1 bpsBid to cover 2.48X vs 6 month...

AUDUSD is stretching higher into resistance

The AUDUSD is pushing to the upside and in the process is...

European shares close higher led by Spain’s Ibex

The price of the major European indices are closing higher and continueing...

US President Donald Trump:

United States (US) President Donald Trump ran through a long list of...