EIA Expectations: Crude 0.25M, Distillate -1.96M, Gasoline -1.55M

The EIA inventory data suggests a substantial reduction in distillate and gasoline inventories, which could signal tightening supply amid strong demand.

Newsquawk StaffPublished 8 Apr 2026, 14:35 UTCOn the live feed at 14:15 UTC — 21 more headlines followed before this page went public

Newsquawk headlinesUTC

14:17

Rio Tinto (RIO LN) and Century Aluminium (CENX) have hiked premiums on semi-processed aluminium products in the US by around 12%, Bloomberg reports citing sources

14:16

Israel was informed late on US-Iran ceasefire deal, was not happy with the ceasefire terms, WSJ reports

14:15

EIA Expectations: Crude 0.25M, Distillate -1.96M, Gasoline -1.55M

14:09

Reports that the Iranian Navy is sending messages to ships that explicit permission is needed to transit the Strait of Hormuz

14:07

Delta Airlines (DAL) CEO says cash sales have increased by double digits last month

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Crude: 0.25M, prev. 5.45M (Private +3.7M)
Distillate: -1.96M, prev. -2.11M (Private -0.6M)
Gasoline: -1.55M, prev. -0.586M (Private -4.0M)
Cushing: prev. 0.520M (Private -0.6M)
Refining: 0.5%, prev. -0.8%
Production: prev. 13.657M

Context

Crude inventories increased less than expected, particularly when compared to the substantial rise in the previous report, which may indicate stabilizing conditions in that market. Overall, the data could reinforce upward pressure on oil prices if trends suggest a continued tightening of supply across these key products.

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