EIA Expectations: Crude -0.8M, Distillate -2.3M, Gasoline -1.6M

The EIA data shows a decline in crude oil inventories, though the drop of 0.8M is less than the previous large fall and private projections.

Newsquawk StaffPublished 29 Apr 2026, 14:35 UTCOn the live feed at 14:15 UTC — 14 more headlines followed before this page went public

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14:15

EIA Expectations: Crude -0.8M, Distillate -2.3M, Gasoline -1.6M

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Crude: -0.8M, prev. 1.92M (Private -1.8M)
Distillate: -2.3M, prev. -3.42M (Private -2.6M)
Gasoline: -1.6M, prev. -4.57M (Private -8.5M)
Cushing: prev. 0.806M (Private -0.8M)
Refining: prev. 0.2%
Production: prev. 13.585M

Context

Distillate and gasoline inventories also decreased, indicating a sustained demand, but are less significant compared to recent trends. Overall, these figures could support higher oil prices, emphasizing the balance between supply and demand in the energy market.

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