Breaking News

U.S. EIA Weekly Distillates Stocks

Latest Release

Mar 22, 2023

Actual

-3.313M

Forecast

-1.500M

-2.537M

The Energy Information Administration reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is available in storage. The indicator gives an overview of US petroleum demand.

Importance:

Country:

Currency: USD

Source: Energy Information Administrat...

Release Date	Time	Actual	Forecast	Previous
Mar 29, 2023	10:30		-1.356M	-3.313M
Mar 22, 2023	10:30	-3.313M	-1.500M	-2.537M
Mar 15, 2023	10:30	-2.537M	-1.172M	0.138M
Mar 08, 2023	11:30	0.138M	-1.038M	0.179M
Mar 01, 2023	11:30	0.179M	-0.462M	2.698M
Feb 23, 2023	12:00	2.698M	-1.126M	-1.285M

News

Oil up 3rd day in row on large fuel drawdown, dollar drop ahead of Fed By Investing.com - Mar 22, 2023

By Barani Krishnan Investing.com -- Oil prices overcame a weak start to rise more than 1% by Wednesday noon in New York, helped by the U.S. government’s report of a larger-than-expected drawdown from...

U.S. crude stockpiles rise at smaller rate vs large product draws - EIA By Investing.com - Mar 22, 2023

By Barani Krishnan Investing.com -- U.S. crude stockpiles rose for a second week in a row but that rise paled against large drawdowns in gasoline and distillates inventories, weekly government data...

U.S. crude stocks climb 2nd week in row, adding 3.3 million barrels - API By Investing.com - Mar 21, 2023

By Barani Krishnan Investing.com -- U.S. crude stockpiles rose for a second week in a row versus expectations for a decline, petroleum industry group API said in a report Tuesday that is likely to be...

Analysis

Oil: V-Shaped Recovery Not on the Charts, but Rebound for Sure By Barani Krishnan/Investing.com - Dec 13, 2022 1

Oil’s comeback could be a “noisy rollercoaster ride” instead of a V-shaped rally WTI is seen targeting $77 first, with final near-term resistance at $88 Possibility still open for U.S. crude to...

Commodities Week Ahead: Oil Holds Highs On Ukraine Jitters, Gold Climbs Pre-Fed By Barani Krishnan/Investing.com - Jan 24, 2022

Growing anxiety over Russia’s potential invasion of Ukraine is providing the geopolitical drama to keep the rally in oil bubbling, despite a plunge in US gasoline demand and the upcoming Federal...

Commodities Week Ahead: After OPEC, Oil Eyes EIA Data; Gold Focused On CPI By Barani Krishnan/Investing.com - Jan 10, 2022

Crude prices will be led this week by what the US government reports for stockpiles. Meanwhile gold markets will closely watch the Consumer Price Index (CPI) as commodity markets enter greater...

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