US EIA Distillate Fuel Production Change (Jan/02) 0.081 (Prev. -0.076)
The slight increase in US EIA distillate fuel production, moving from a contraction of -0.076 to a gain of 0.081, suggests a potential uptick in supply dynamics.
Newsquawk Daily Economic Releases - 8th January 2026
China reportedly tells tech companies to halt NVIDIA (NVDA) H200 chip orders, via The Information; officials may order domestic AI chip purchases with NVIDIA orders
US EIA Distillate Fuel Production Change (Jan/02) 0.081 (Prev. -0.076)
[MARKET UPDATE] Hawkish reaction following the US ISM Services figure where the headline topped expectations; session high for DXY (98.64) whilst USTs are eyeing session lows; US equity futures also pressured across the board, RTY -0.9%
EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M
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This could have implications for pricing in the energy sector, particularly with regards to refining margins and overall demand in both domestic and export markets. Traders might watch for how this change influences sentiment in related commodities, particularly crude oil and gasoline.
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