US EIA Gasoline Stocks Change (Apr/03) -1.589M vs. Exp. -1.4M (Prev. -0.585M)

The EIA's report showing a larger-than-expected draw of 1.589M barrels in gasoline stocks suggests stronger demand or reduced supply dynamics than the market anticipated.

Newsquawk StaffPublished On the live feed at 5 more headlines followed before this page went public
Newsquawk headlinesUTC

Oil tankers passing through the Strait of Hormuz have been stopped by the IRGC after Israel's ceasefire breach, Fars News Agency reports

[MARKET UPDATE] Crude continues to lift off lows on further reporting that Iran would consider withdrawing from the ceasefire if attacks against Lebanon do not stop

US EIA Gasoline Stocks Change (Apr/03) -1.589M vs. Exp. -1.4M (Prev. -0.585M)

US Consulate in Brazil says bilateral ties are in a "much better place" vs recent months, Valor reports

EU official says Oil Coordination Group sees no serious risk at the moment to oil situation

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This could signal tightening in the gasoline market, potentially influencing prices upward and affecting energy-related investments and associated currencies.

Related headlines

The whole workspace, free to try.

Try it free