US EIA Distillate Stocks Change (Feb/06) -2.703M vs. Exp. -1.3M (Prev. -5.553M)
Newsquawk Staff ·
US EIA Distillate Stocks Change (Feb/06) -2.703M vs. Exp. -1.3M (Prev. -5.553M)
What it means
The EIA's report shows a significant draw in distillate stocks, coming in at -2.703 million barrels versus the expected -1.3 million. This larger decline suggests robust demand or potential supply constraints, indicating upward pressure on distillate prices, which could also influence inflation and broader commodity markets.
- US EIA Heating Oil Stocks Change (Oct/23) 0.164M (Prev. 0.652M)
- US EIA Crude Oil Imports Change (Oct/23) -0.796M (Prev. 0.837M)
- US EIA Distillate Stocks Change (Oct/23) -1.462M vs. Exp. -0.9M (Prev. 1.675M)
- EIA Cushing Crude Oil Stocks Change (Oct/23) -0.624M (Prev. 0.987M)
- US EIA Refinery Crude Runs Change (Oct/23) -0.123M (Prev. 0.034M)
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