US EIA Crude Oil Imports Change (May/08) -0.318M (Prev. 1.415M)

The reduction in U.S.

Newsquawk StaffPublished 13 May 2026, 14:50 UTCOn the live feed at 14:30 UTC — 3 more headlines followed before this page went public

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14:34

The US has reached framework agreements with companies to expand military strike capabilities

14:34

FTC reportedly files a suit over alleged Shutterstock (SSTK) misleading subscription plans

14:30

US EIA Crude Oil Imports Change (May/08) -0.318M (Prev. 1.415M)

14:24

JBS (JBS) Executive says with Brazil reaching its quota for beef exports to China, cattle prices may decrease and favour sales in the domestic market

14:15

EIA Expectations: Crude -2.1M, Gasoline -2.85M, Distillate -2.83M

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Context

EIA crude oil imports by 0.318M barrels compared to the previous month signals a tightening in supply, which could support higher oil prices. This shift also indicates potential impacts on the broader energy market and inflation dynamics, as reduced imports might affect domestic inventory levels and overall market sentiment. Traders should watch for responses in WTI and Brent pricing, as well as any implications for OPEC's strategy going forward.

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