US EIA Cushing Crude Oil Stocks Change (Feb/13) -1.095 (Prev. 1.071)
Newsquawk Staff ·
US EIA Cushing Crude Oil Stocks Change (Feb/13) -1.095 (Prev. 1.071)
What it means
The latest EIA data shows a decrease in Cushing crude oil stocks, which could suggest tightening supply in the U.S. This is likely to support WTI prices, especially if market sentiment aligns with concerns over inventory levels and broader geopolitical issues affecting energy supply. Keep an eye on how this may influence overall market dynamics and price movements in both WTI and Brent.
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