US EIA Distillate Stocks Change (Jan/16) 3.348M vs. Exp. -0.2M (Prev. -0.029M)

The significant increase in US distillate stocks at 3.348 million barrels, contrasting sharply with the expected draw of 0.2 million, indicates a potential oversupply in the market.

Newsquawk StaffPublished 22 Jan 2026, 17:20 UTCOn the live feed at 17:00 UTC — 4 more headlines followed before this page went public

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17:05

Bank of America (BAC) and Citigroup (C) weigh new credit cards with 10% rate, Bloomberg reports

17:02

US 30-yr fixed rate mortgage averages 6.09% in Jan 22 week vs 6.06% prior week

17:00

US EIA Distillate Stocks Change (Jan/16) 3.348M vs. Exp. -0.2M (Prev. -0.029M)

16:55

Copper production at a Capstone Copper Corp. mine in northern Chile has halted amid a nearly three-week labour strike, Bloomberg reports

16:39

Atlanta Fed GDPnow (Q4): 5.4% (prev. 5.4%)

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Context

This shift may prompt concerns about demand strength relative to production levels, with implications for both oil prices and broader inflation trends.

Energy · last 90 days

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