US EIA Heating Oil Stocks Change (Jan/30) -0.160 (Prev. 0.026)

The latest EIA report shows a significant draw in heating oil stocks, indicating -0.160 million barrels versus a prior increase of 0.026 million.

Newsquawk StaffPublished 4 Feb 2026, 15:50 UTCOn the live feed at 15:30 UTC — 5 more headlines followed before this page went public

Newsquawk headlinesUTC

15:38

Trump on China: "Just completed an excellent telephone conversation with President Xi, of China. It was a long and thorough call, where many important subjects were discussed, including Trade, Military, the April trip that I will be making to China"

15:31

UBS (UBSG SW) exec says they expect Q1 expectations to remain on track and personal and corporate banking to remain broadly stable in USD terms

15:30

US EIA Heating Oil Stocks Change (Jan/30) -0.160 (Prev. 0.026)

15:28

AbbVie (ABBV) exec says that they have plenty of firepower to pursue both early and late stage M&A opportunities

15:24

US Treasury Secretary Bessent says they must avoid temptation of a zero-risk financial system

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Context

This sharp reduction suggests tightening supply conditions, which could support prices in the near term and influence broader energy market sentiment.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

Brent (X6) futures rose shortly after the headline, in turn weighing on the bond complex.

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/2 Sept · 11:13 UTC

Saudi Foreign Ministry says it has urged all parties to remain calm, halt escalations and respect international law and return to negotiations

WTI crude, after we published−0.6%

ENERGY/31 Aug · 14:29 UTC

US Treasury Secretary Bessent says oil prices will come down, CNBC Interview; says Trump has been saying Iran is not ready to make a deal

Brent prices, after we published−0.6%

ENERGY/25 Aug · 09:36 UTC

US is reportedly mulling returning diplomats to Middle Eastern embassies as soon as this week, NYT reports; "suggesting that the Trump administration does not anticipate a return to all-out hostilities"

Brent crude, after we published−0.5%

ENERGY/25 Aug · 08:24 UTC

Pakistani Army Chief Munir conveyed an offer to Iran, from the US, to halt the siege and lift sanctions under the MOU, in exchange for opening the Strait of Hormuz and stopping proxy attacks, Al Arabiya/Al Hadath sources report

Brent crude, after we published−0.5%

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