US EIA Gasoline Stocks Change (Jan/02) 7.702M vs. Exp. 2.9M (Prev. 5.845M)

The larger than expected build in US EIA gasoline stocks suggests weaker demand conditions than anticipated, which may weigh on prices in the short term.

Newsquawk StaffPublished 7 Jan 2026, 15:50 UTCOn the live feed at 15:30 UTC — 1 more headline followed before this page went public

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16:00

Newsquawk Daily Economic Releases - 8th January 2026

15:41

China reportedly tells tech companies to halt NVIDIA (NVDA) H200 chip orders, via The Information; officials may order domestic AI chip purchases with NVIDIA orders

15:30

US EIA Gasoline Stocks Change (Jan/02) 7.702M vs. Exp. 2.9M (Prev. 5.845M)

15:20

[MARKET UPDATE] Hawkish reaction following the US ISM Services figure where the headline topped expectations; session high for DXY (98.64) whilst USTs are eyeing session lows; US equity futures also pressured across the board, RTY -0.9%

15:15

EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M

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Context

Given that the actual figure of 7.702M outstripped both the expectation of 2.9M and the previous 5.845M, this has implications for market sentiment towards future gasoline demand and can influence broader energy price dynamics.

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