US EIA Gasoline Stocks Change (Feb/20) -1.011 (Prev. -3.213)
Newsquawk Staff ·
US EIA Gasoline Stocks Change (Feb/20) -1.011 (Prev. -3.213)
What it means
The recent EIA report shows a smaller decline in gasoline stocks than the previous week, suggesting that inventory levels may be stabilizing. This smaller reduction could impact supply dynamics, influencing gasoline prices and broader commodity market sentiment, especially if demand remains robust.
- US EIA Gasoline Production Change (Oct/23) -0.509M (Prev. 0.518M)
- US EIA Gasoline Stocks Change (Oct/23) 3.87M vs. Exp. -0.9M (Prev. -2.952M)
- EIA Expectations: Crude +0.35M, Distillate -0.63M, Gasoline -1M
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