US Private Inventory Data (bbls): Crude -11.1mln (exp. +0.5mln), Distillates -4.8mln (exp. -2.3mln), Gasoline +4.7mln (+1.4mln), Cushing -1.4mln
Today's private inventory data for US crude stocks indicated a substantial draw of 11.1 million barrels, contrasting sharply with expectations of a modest increase.
US President Trump says we are still negotiating with Iran and that there is more than one meeting with Iran
US President Trump signs a bill to end a partial government shutdown, as expected
US Private Inventory Data (bbls): Crude -11.1mln (exp. +0.5mln), Distillates -4.8mln (exp. -2.3mln), Gasoline +4.7mln (+1.4mln), Cushing -1.4mln
Corteva Inc (CTVA) Q4 2025 (USD): EPS 0.22 (exp. 0.22), Revenue 3.91bln (exp. 4.24bln)
AWS (AMZN) CEO Garman says ‘pretty far’ from what is needed for space-based data centers - Cisco AI Summit
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 significant decrease could hint at tightening supply conditions, which may support higher crude prices, while the mixed results in distillates and gasoline suggest varying demand dynamics in these segments.
Related headlines
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 1 day ago
- US FX WRAP: Dollar gains on better-than-expected NFP report1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 0.18 HIGHER AT USD 91.48/BBL; BRENT (X6) SETLES USD 0.76 HIGHER AT USD 96.28/BBL1 day ago
- Newsquawk European Market Wrap - 4th September 20261 day ago
- US EQUITY OPEN: US indices in the red following a strong US jobs report1 day ago
- [MARKET ANALYSIS] Energy and Metals relatively sideways awaiting the next catalyst ahead of NFP2 days ago
- EUROPEAN OPEN: VOW3 GY approves Future Plan 2030; BAS GY sues AAPL over Face ID patents; ECB authorises BMPS IM-MB IM merger; STLAM IM reportedly accelerates Huawei-JAC alliance in China; Fitch affirms ASML NA2 days ago
- Newsquawk Daily European Opening News - 4th September 20262 days ago
- [MARKET UPDATE] Energy benchmarks continue to bid higher, Brent X26 extending above USD 95/bbl while WTI V26 nears USD 91/bbl; follows unconfirmed social media reports of a missile fired from Iran (REMAINS UNCONFIRMED)1 day ago
- Iraq's oil ministry says August crude exports reached around 70mln barrels1 day ago
- Iranian Petroleum Minister says the country maintained crude production and exports throughout the 40-day war despite attacks on energy infrastructure and severe logistical disruptions, Press TV reports2 days ago
- Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP 1 day ago
- Newsquawk Daily US Opening News - 4th September 20261 day ago
- Daily US Equity Opening News - AAPL foldable iPhone quality issues; NVDA in talks for USD 2.5bln Thinking Machines investment; MU plans HBM capacity increase; TMUS names CFO-designate, reaffirms guidance; LULU slides on outlook2 days ago
- Newsquawk Daily European Equity Opening News - 4th September 20262 days ago
- [MARKET ANALYSIS] Oil prices are kept afloat in range-bound trade amid a lack of fresh major geopolitical developments, while US VP Vance downplayed the Iran conflict and wouldn't call it a war2 days ago
- US President Trump says have right to put tariffs on nations like Switzerland; have the right not to trade with financial elite countries1 day ago
- Trump administration drafting post-war Middle East plan, reports Axios1 day ago
- US Baker Hughes Oil Rig Count (Sep/04) 449 (Prev. 447)1 day ago
- Unconfirmed social media reports of a ballistic missile launch from Kerman province in Iran - UNCONFIRMED (Desk can not verify these reports; footage remains unverified)1 day ago
The whole workspace, free to try.
Try it free