US Private Energy Inventories (bbls): Crude +6.1mln (exp -1.3mln), Distillate -3.4mln (exp. -2.5mln), Gasoline +0.6mln (exp. -2.2mln), Cushing -1.7mln

The larger-than-expected build in U.S.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Explosions were reported in Ukraine's Zaporizhzhia region

White House Economic Advisor Hassett says real income growth is very high and he is confident the economy will be strong this year

US Private Energy Inventories (bbls): Crude +6.1mln (exp -1.3mln), Distillate -3.4mln (exp. -2.5mln), Gasoline +0.6mln (exp. -2.2mln), Cushing -1.7mln

White House says more than 100 empty oil tankers are on their way to U.S. ports to load American crude, CBS reports

Newsquawk US Market Wrap: Risk-on sentiment seen amid greater optimism surrounding US/Iran talks

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.

Free. No signup, no card.
Context

crude oil inventories suggests weaker demand than anticipated, which could pressure prices in the near term. Meanwhile, the declines in distillate inventories indicate some resilience in that segment, though the gasoline build strengthens concerns over consumer demand. Overall, this mix may impact the broader commodities space and oil market sentiment regarding supply-demand dynamics.

Related headlines

The whole workspace, free to try.

Try it free