US EIA Distillate Stocks Change (Feb/13) -4.566 vs. Exp. -1.4 (Prev. -2.703)
The larger-than-expected draw in US EIA distillate stocks indicates a tighter supply than anticipated, which could support higher prices for distillates moving forward.
Mexico Navy intercepts submarine with four tonnes of cocaine in Pacific Ocean off country's west coast
US 30-year fixed rate mortgage rate (19-Feb, average): 6.01% (prev. 6.09% W/W), via Freddie Mac
US EIA Distillate Stocks Change (Feb/13) -4.566 vs. Exp. -1.4 (Prev. -2.703)
EIA Expectations: Crude 2.34M, Distillate -1.5M, Gasoline -0.22M
Moncler (MONC IM) FY25 (EUR): Net 623mln (exp. 596mln), Revenue 3.13bln (exp. 3.07bln), Stone Island revenue 411.2mln
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This unexpected decline, compared to both projections and the prior week’s figures, suggests strong underlying demand or constrained production that may impact the overall energy market dynamics and inflation outlook.
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