US EIA Heating Oil Stocks Change (Jan/16) 0.279 (Prev. -0.745)
Newsquawk Staff ·
US EIA Heating Oil Stocks Change (Jan/16) 0.279 (Prev. -0.745)
What it means
The latest EIA report indicates a significant increase in heating oil stocks, moving from a previous decline to a modest gain. This shift could reflect changing seasonal demand dynamics or market adjustments in supply, possibly impacting oil prices. Traders should watch for broader implications on WTI and other energy commodities as market participants assess the effects on future demand forecasts.
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.37 LOWER AT 96.09/BBL
- Eight tankers carrying 300,800 tonnes of Russian diesel are being monitored on potential voyages to the US, with seven declaring the US as their destination and arrivals expected from November 7th, according to Ukrainian sources cited by an RFE journalist
- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources
- Venezuela's October oil exports 1.08mln bpd, almost unchanged, according to shipping data
Related headlines
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 11+ TICKS LOWER AT 106-164 days ago
- Sources close to the White House report a divisiveness in the Trump administration's approach to Iran, reports ILNA5 days ago
- Israeli PM Netanyahu was reportedly the one who proposed to US President Trump the ending of financial aid to Israel, N13 reports citing sources5 days ago
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus5 days ago
- The Yemeni Armed Forces reportedly attack vital facilities in the southern region of Saudi Arabia, reports Sabereen News4 days ago
- US Midterms Cheat Sheet for Traders4 days ago
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await 4 days ago
- ECB’s Sleijpen says the Iran shock is more persistent than earlier thought but we don’t really see second-round effects yet5 days ago
- US military threats against Iran are hindering progress in the conflict resolution process, according to an Iranian political source cited by RIA Novosti5 days ago
- Iranian Foreign Ministry Spokesperson says "Past experiences preclude any optimism regarding Washington's seriousness in diplomacy"5 days ago
- Spokesperson for the Iranian negotiating delegation says that "we continue to exchange messages through intermediaries", Al Hadath reports5 days ago
- i24 journalist Stein says "Iran rejects the American proposal"5 days ago
- Axios' Ravid on Iran's Secretary of the Supreme State Razaei comments, says he rejects the latest US position on the deal to resume the ceasefire and launch negotiations5 days ago
- A senior source tells Al Arabiya that the US has informed the Qatari mediator of its approval of the submitted proposal; the mediators are awaiting Iran's response to the proposal after receiving it yesterday.5 days ago
- [ANALYSIS] US Midterms: Senate, Governor and PUC indicative timings4 days ago