US Private Energy Inventories (bbls): Crude -1.8mln (exp +0.3mln), Distillate -2.6mln (exp. -2.3mln), Gasoline -8.5mln (exp. -2.1mln), Cushing -0.8mln
The latest US private energy inventory data shows crude oil inventories declining significantly more than expected, alongside notable drops in gasoline and distillate inventories as well.
Disney (DIS) has decided to not spin off ESPN, Business Insider reports citing sources, however the idea could be revisited in the future
Pernod Ricard (RI FP) and Brown-Forman (BF.B) have ended merger talks, Bloomberg reports
US Private Energy Inventories (bbls): Crude -1.8mln (exp +0.3mln), Distillate -2.6mln (exp. -2.3mln), Gasoline -8.5mln (exp. -2.1mln), Cushing -0.8mln
Kone (KNEBV FH) is reportedly nearing a EUR 29bln deal to acquire TK Elevator, with a deal potentially announced on Wednesday
Newsquawk US Market Wrap: Tech underperforms on concerns over AI data centre spend
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 suggests stronger-than-anticipated demand or possible supply constraints, which could push oil prices higher and impact related markets. Market attention will likely focus on how these figures influence energy prices and inventory expectations moving forward.
Related headlines
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 1 hour ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl5 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 strikes7 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 days16 hours ago
- Oil loading have resumed at the CPC terminal after drone attacks on Tuesday, according to the Kazakh Energy Ministry30 min ago
- Turkish Energy Minister says that they are starting an oil exploration in the Western Black Sea in the coming days6 hours ago
- CPC oil terminal on the Black Sea was reportedly attacked by drones overnight7 hours ago
- Newsqawk European Market Wrap - 9th September 202657 min ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement5 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened5 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal5 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes12 hours ago
- Newsquawk Daily Asia-Pac Opening News - 9th September 202616 hours ago
- Pakistan is reportedly considering strikes against Houthi targets in Yemen under the “Makkah Pact” defense framework with Saudi Arabia and Turkey, Kann's Kais reports; strikes may begin in the coming days and will be announced immediately after1 hour ago
- Two port officials say a Panama-flagged tanker carrying 2mln barrels of Iraqi fuel oil was hit by a drone in Iraqi territorial waters; tanker is named "New Andros", and no casualties were reported4 hours 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 weeks15 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers16 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN17 hours ago
- Saudi Arabia plans to establish a marine war-risk insurance pool for cargo, SPA reports1 hour ago
- US official says in total, in the past week, the US has attacked and destroyed 10 Iranian oil tankers, i24 news reports2 hours ago
The whole workspace, free to try.
Try it free