Data on US oil inventories
- Crude oil inventories, fact 6,490M, forecast 1,600M.
- Cushing (Oklahoma) crude oil inventories, fact 1,776M, previous value 2,359M.
- EIA Weekly distillate stocks a, fact -0.827M, forecast -1.280M.
- Gasoline inventories, fact -2.016M, forecast -1.074M.
Weekly report on oil inventories in the United States turned out to be very negative due to a significant increase in crude oil reserves, which worsened with information about increase of oil production in the United States. As a result, the cost of the main brands of oil returned to the monthly minimum. At the same time, oil also remains under pressure from the resumption of risks on stock exchanges.
Hanzenko Anton