Breaking News

U.S. EIA Weekly Distillates Stocks

Latest Release

Feb 01, 2023

Actual

2.320M

Forecast

-1.300M

-0.507M

The Energy Information Administration reports inventory levels of US crude oil, petrol 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
Feb 08, 2023	16:30		-0.525M	2.320M
Feb 01, 2023	16:30	2.320M	-1.300M	-0.507M
Jan 25, 2023	16:30	-0.507M	-1.121M	-1.939M
Jan 19, 2023	17:00	-1.939M	0.122M	-1.069M
Jan 11, 2023	16:30	-1.069M	-0.472M	-1.427M
Jan 05, 2023	17:00	-1.427M	-0.396M	0.282M

News

Energy & precious metals - weekly review and outlook By Investing.com - Feb 05, 2023

By Barani Krishnan Investing.com -- Unemployment and inflation, in theory, are at odds with each other. Taken simply, when more people are unemployed, price pressures are less. But on a deeper level,...

Oil dips again as dollar rebounds, U.S. crude builds weigh By Investing.com - Feb 02, 2023

By Barani Krishnan Investing.com - Counting on the dollar’s weakness can never be a sure thing for oil bulls, especially when U.S. crude builds are heading for the skies while demand relatively points...

U.S. crude inventories up 4.14M barrels last week, hit 20-month highs By Investing.com - Feb 01, 2023

By Barani Krishnan Investing.com -- U.S. crude stockpiles rose for a sixth straight week last week, up manyfold and more than expected, reaching their highest in 20 months. U.S. crude inventories...

Analysis

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

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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	Interest Rates	Next Meeting
CBN	17.50%	Mar 21, 2023
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