US EIA Crude Oil Stocks Change (Feb/13) -9.014 vs. Exp. 2.1 (Prev. 8.530, Rev. From 8.53)
The latest EIA report shows a significant decline in US crude oil stocks, dropping by 9.014 million barrels against an expectation of a build of 2.1 million.
Mexico Navy intercepts submarine with four tonnes of cocaine in Pacific Ocean off country's west coast
US 30-year fixed rate mortgage rate (19-Feb, average): 6.01% (prev. 6.09% W/W), via Freddie Mac
US EIA Crude Oil Stocks Change (Feb/13) -9.014 vs. Exp. 2.1 (Prev. 8.530, Rev. From 8.53)
EIA Expectations: Crude 2.34M, Distillate -1.5M, Gasoline -0.22M
Moncler (MONC IM) FY25 (EUR): Net 623mln (exp. 596mln), Revenue 3.13bln (exp. 3.07bln), Stone Island revenue 411.2mln
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This substantial draw signals stronger-than-anticipated demand or supply constraints, which could imply upward pressure on oil prices, particularly impacting WTI and Brent metrics. Traders should monitor this as it may influence inflation dynamics and energy-related stocks moving forward.
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