US EIA Crude Oil Imports Change (Jan/23) -1.706 (Prev. -0.027)

The decrease in US EIA crude oil imports by 1.706 million barrels in January marks a significant shift compared to the previous figure, which was essentially flat.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
Newsquawk headlinesUTC

US State Secretary Rubio says that relations with Greenland are in a good place; processes are in place to ensure a good outcome

BoC Deputy Rogers says that this is a big year for mortgage renewals and they expect rollovers to see pay increases

US EIA Crude Oil Imports Change (Jan/23) -1.706 (Prev. -0.027)

US Secretary of State Rubio says that Venezuela under Maduro posed a strategic risk to the US and it will take time for the transition out of Maduro to take place

US Treasury Secretary Bessent there will be some "exciting announcements" coming today

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This drop could suggest tighter supply dynamics and may impact oil prices, aligning with potential bullish sentiment for WTI and Brent in the short term. Traders should monitor how this affects overall inventory levels and broader energy market trends moving forward.

Related headlines

The whole workspace, free to try.

Try it free