US EIA Refinery Crude Runs Change (Jan/09) 0.049M (Prev. 0.062M)
Newsquawk Staff ·
US EIA Refinery Crude Runs Change (Jan/09) 0.049M (Prev. 0.062M)
What it means
The latest EIA data shows a slight decrease in refinery crude runs, indicating a reduction from the previous week. This decline could suggest softer demand for crude processing, which may impact oil prices if it continues. Traders should monitor this trend as it could signal shifts in supply dynamics and potential pricing pressures in the energy market.
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