US EIA Crude Oil Stocks Change (Feb/20) 15.989 vs. Exp. 1.8 (Prev. -9.014)
The US EIA crude oil stocks change significantly exceeded expectations, indicating a substantial build in inventory compared to the prior draw.
Fed's Barkin (2027 voter, Neutral) says they should not immediately assume that people will be displaced by AI; AI will provide opportunities for workers to do higher-skilled tasks
US Treasury Secretary Bessent says the US Treasury will continue to pressure Iran on weapons
US EIA Crude Oil Stocks Change (Feb/20) 15.989 vs. Exp. 1.8 (Prev. -9.014)
EIA Expectations: Crude 1.84M, Distillate -1.2M, Gasoline -0.272M
JPMorgan raises its long-term gold forecast to USD 4,500/oz, keeps its 2026 year-end forecast at USD 6,300/oz
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.
This could suggest weaker demand or oversupply in the market, impacting crude prices and potentially influencing inflation and energy sector dynamics moving forward.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 0.29 HIGHER AT USD 91.30/BBL; BRENT (X6) SETTLES USD 0.11 LOWER AT USD 95.52/BBL28 min ago
- Saudi Arabia reportedly sets October Arab light crude oil OSP to Asia at minus USD 2/bbl vs Oman/Dubai average, according to a pricing document4 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat6 hours ago
- US President Trump's administration is reportedly ratcheting up its fight to get more oil flowing from California, AP News reports5 hours ago
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms5 hours ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran7 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee7 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port8 hours ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before8 hours ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass8 hours ago
- Oman has quietly rejected Iran’s request to jointly charge service fees on commercial ships in the Strait of Hormuz, reports NY Post2 hours ago
- US President Trump says "It is very good for Canadian Politicians like PM Carney to make Trump “the enemy,” until their Economy collapses then it will prove to be very bad for Politics — Worse than anything that has ever happened to a Canadian Politician"4 hours ago
- US EIA Natural Gas Stocks Change (Aug/28) 30BBcf vs. Exp. 31BBcf (Prev. 15BBcf)4 hours ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike5 hours ago
- US President Trump reiterates Spain doesn't what they should in NATO1 hour ago
- US ISM Services PMI (Aug) 55.4 vs. Exp. 54.3 (Prev. 54.1)5 hours ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation6 hours ago
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress6 hours ago
- US Initial Jobless Claims (Aug/29) 206.0K vs. Exp. 205K (Prev. 204.0K)6 hours ago
- US Continuing Jobless Claims (Aug/22) 1779.0K (Prev. 1771.0K)6 hours ago
The whole workspace, free to try.
Try it free