US EIA Heating Oil Stocks Change (May/01) -0.038M
The latest EIA report shows a decrease in US heating oil stocks, suggesting tighter supply conditions.
"Members of the Security Council see the US-Gulf draft resolution as similar to the one opposed by Russia and China", Al Jazeera reports citing diplomatic sources
Some members of the Gulf Cooperation Council do not view the draft on Hormuz as being particularly different from the document vetoed last week
US EIA Heating Oil Stocks Change (May/01) -0.038M
No agreement has been formed between the US and Iran, Nournews reports citing sources. Narratives are part of a "media creation".
Iran's Foreign Ministry Spokesman says "The concept of “negotiations” requires, at the very least, a genuine attempt to engage in discussions with a view to resolving the dispute"
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.
This draw could indicate underlying demand strength or supply constraints, potentially impacting prices in the heating oil market and influencing inflation expectations as we head into the colder months.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL13 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 12 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes1 hour ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks9 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies12 hours ago
- CPC oil terminal on the Black Sea was reportedly attacked by drones overnight1 hour ago
- Stocks of crude oil in the US SPR fell by about 1.2mln barrels to 285.4mln barrels last week, lowest since 198216 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates5 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes6 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging8 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs10 hours ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI12 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days10 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers10 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN10 hours ago
- Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks11 hours ago
- IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports12 hours ago
- US is currently attacking Iranian oil tankers, i24 news reports, citing a US source13 hours ago
- Explosions heard in Saudi oil fields, reports YJC News citing Arab sources15 hours ago
- Sources report explosions in the Jazan region of Saudi Arabia, according to Fars 15 hours ago
The whole workspace, free to try.
Try it free