EIA Weekly Crude Production 13.75M (prev. 13.8M); Change -58k, -0.01%

The latest EIA report shows a slight decline in crude oil production to 13.75M bpd, down from 13.8M bpd.

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EIA Weekly Crude Production 13.75M (prev. 13.8M); Change -58k, -0.01%

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EIA Expectations: Crude -2.2M, Distillate -0.2MM, Gasoline 4M

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Context

This small change may indicate a stabilization in domestic supply amid ongoing geopolitical tensions, which could support prices if demand remains steady. Traders should watch for any implications this might have on the broader energy market and related assets as it could affect both WTI and Brent pricing.

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