US EIA Weekly Crude Production Change, 1.4% (Prev. 3.61%)
The latest EIA report indicates a notable decrease in U.S.
Mexico Navy intercepts submarine with four tonnes of cocaine in Pacific Ocean off country's west coast
US 30-year fixed rate mortgage rate (19-Feb, average): 6.01% (prev. 6.09% W/W), via Freddie Mac
US EIA Weekly Crude Production Change, 1.4% (Prev. 3.61%)
EIA Expectations: Crude 2.34M, Distillate -1.5M, Gasoline -0.22M
Moncler (MONC IM) FY25 (EUR): Net 623mln (exp. 596mln), Revenue 3.13bln (exp. 3.07bln), Stone Island revenue 411.2mln
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crude production change to 1.4% from the previous 3.61%. This tightening could suggest a demand-supply imbalance, potentially impacting oil prices as market participants reassess future production levels. Monitor for implications on WTI and Brent pricing, especially as geopolitical tensions continue to influence commodity markets.
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