The US has reportedly informed its personnel in Saudi Arabia to exercise caution
The warning for US personnel in Saudi Arabia signals increasing geopolitical tensions, which could have a direct impact on oil supply and prices.
US EIA Gasoline Stocks Change (Jan/09) 8.977M vs. Exp. 4M (Prev. 7.702M)
US EIA Cushing Crude Oil Stocks Change (Jan/09) 0.745 (Prev. 0.728)
The US has reportedly informed its personnel in Saudi Arabia to exercise caution
EIA Expectations: Crude -2.2M, Distillate -0.2MM, Gasoline 4M
US Supreme Court, SCOTUS, does not rule on tariffs today
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Traders should watch for potential volatility in WTI prices, as this may lead to concerns over supply disruptions and heightened risk in energy markets.
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