US EIA Cushing Crude Oil Stocks Change (Mar/20) 3.421M (Prev. 0.944M)
Every headline is on the live feed 20 minutes before this site.
Head of the Iranian Government Information Council says the 15-point plan claimed by Trump is a list of impossible wishes, IRNA reports
Volkswagen's (VOW3 GY) COO is to resign
US EIA Cushing Crude Oil Stocks Change (Mar/20) 3.421M (Prev. 0.944M)
Senior Iranian Official says Iran's initial response to the US proposal is "not positive" but Iran is still reviewing the proposal, Reuters reports
EIA Expectations: Crude -0.6M, Distillate -1.0M, Gasoline -2.0M
On the Newsquawk feed at , 20 minutes before this page.
Context
The significant rise in Cushing crude oil stocks to 3.421M from the previous 0.944M indicates a notable increase in supply, potentially influencing WTI prices downward. This shift suggests weakening demand or an oversupply scenario, which could have broader implications for oil prices and related asset classes. Keep an eye on how this influences inflation narratives and interactions with the dollar.
Related headlines
- Iran Foreign Ministry Spokesperson says Iran is ready to help peacefully resolve issues between Saudi Arabia and Yemen; has always been ready to use best efforts to help resolve the conflict20 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 2+ TICKS LOWER AT 105-14+18 hours ago
- CRUDE WRAP: WTI (X6) SETTLES USD 3.44 HIGHER AT USD 101.41/BBL; BRENT (Z6) SETTLES USD 3.94 HIGHER AT USD 109.86/BBL18 hours ago
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call22 hours ago
- US EQUITY OPEN: Stocks mixed at the open as AI stock rout continues23 hours ago
- Newsquawk European Market Wrap - 16th October 202623 hours ago
- [MARKET UPDATE] Crude benchmarks lift to session highs, gains of c. USD 2.00/bbl for WTI and Brent, to the continued detriment of fixed income, stocks and FX vs the USD21 hours ago
- US Market Wrap: Stocks hit as AI growth concerns weigh on sentiment 17 hours ago
- US President Trump says Israel has been helpful to Saudi Arabia20 hours ago
- US President Trump, when asked about the Ukraine starlink slowdown, says i did not slow it down20 hours ago
- Russian President Envoy Dmitriev says Russia and the US discussed in the Arctic and LNG1 day ago
- Russian Ministry of Defence says that the Tu-22M3 long-range bombers flew over neutral waters of the Baltic Sea, escorted by foreign fighters, according to TASS1 day ago
- US lawmakers introduce bill to block US President Trump’s Russia diesel deal22 hours ago
- Indian shipping official says a crude oil tanker was targeted by a missile in the Strait of Hormuz; official also notes the Romania incident on October 14th20 hours ago
- Two rockets were launched from the city of Tabriz in western Iran, Sabreen reports; Two missiles fired from Iran towards the Strait of Hormuz18 hours ago
- US FX WRAP: Dollar weighed by Warsh avoiding forward guidance 18 hours ago
- US President Trump says US economy has never been stronger; regarding oil drilling in Texas, nobody can take a chance on it20 hours ago
- US White House Press Secretary says on inflation, US President Trump is doing everything he possibly can1 day ago
- Iran's Deputy Foreign Minister says that Saudi Arabia is yet to respond to the Iran response on mediation efforts relating to Yemen20 hours ago
- US President Trump says he wants the Russia/Ukraine war ended; on Zelensky/Ukraine, says at some point I'll release details; I think it's good; will get a deal on nuclear arms with Russia and China20 hours ago
The feed had this first.
Use the Platform