EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M

The EIA expectations for crude, distillates, and gasoline indicate rising inventories in all three categories, particularly crude which is set to increase by 1.1M barrels from a prior decline.

Newsquawk StaffPublished 7 Jan 2026, 15:35 UTCOn the live feed at 15:15 UTC — 11 more headlines followed before this page went public

Newsquawk headlinesUTC

15:30

US EIA Gasoline Stocks Change (Jan/02) 7.702M vs. Exp. 2.9M (Prev. 5.845M)

15:20

[MARKET UPDATE] Hawkish reaction following the US ISM Services figure where the headline topped expectations; session high for DXY (98.64) whilst USTs are eyeing session lows; US equity futures also pressured across the board, RTY -0.9%

15:15

EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M

15:10

Newsquawk European Market Wrap - 7th January 2026

15:00

US JOLTs Job Openings (Nov) 7.146M vs. Exp. 7.60M (Prev. 7.449M, Rev. 7.670M)

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Crude: 1.1M, prev. -1.93M (Private -2.8M)
Distillate: 2.2M, prev. 4.97M (Private +4.9M)
Gasoline: 2.9M, prev. 5.84M (Private +4.4M)
Cushing: prev. 0.543M (Private +0.7M)
Refining: -0.1%, prev. 0.1%

Context

This suggests potential oversupply in the market, which may exert downward pressure on prices. Investors should also consider how this data aligns with the refining activity decrease and the implications for demand in the broader energy landscape.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 19:50 UTC

Iran launched an attack against US Navy ships on Monday that the US military has yet to acknowledge, WSJ reports, citing US officials.

Brent crude, after we published+0.8%

Immediate upside seen in oil following these reports.

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

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ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

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ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

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ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

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