US EIA Refinery Crude Runs Change (Mar/27) -0.219M (Prev. 0.366M)
The latest EIA report indicates a decrease in U.S.
US VP Vance has reportedly been speaking with intermediaries about the Iran conflict as recently as Tuesday, Reuters sources say
[MARKET UPDATE] Crude prices see upticks in recent trade despite a lack of fresh factors, although the Iranian Foreign Ministry spokesperson recently rebuffed Trump's claims of Iran's ceasefire request
US EIA Refinery Crude Runs Change (Mar/27) -0.219M (Prev. 0.366M)
Fed’s Musalem says he has lowered the probability of the baseline scenario and increased the likelihood of alternative scenarios; US economy was already overheated during the 2022 oil price shock and did not overheat now
EIA Expectations: Crude 2.0M, Distillate -1.1M, Gasoline -1.9M
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refinery crude runs, which fell from the previous 0.366M to -0.219M. This decline may suggest weakened demand or operational issues, potentially leading to tighter supply dynamics for crude oil if the trend continues, impacting WTI and Brent prices.
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