Weekly US Crude Oil Inventories Report Reveals Surprising Increase

Wednesday, 27 March 2024, 14:30
The latest EIA report on US crude oil inventories has shown a significant increase of 3165K barrels, far exceeding the expected decrease of 1275K barrels. The unexpected rise in inventories could have a notable impact on the energy markets and investor sentiment. The accompanying API data, with significant shifts in gasoline and distillates, adds another layer of complexity to the market dynamics.
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Weekly US Crude Oil Inventories Report Reveals Surprising Increase

US Crude Oil Inventories Report

The latest EIA report on US crude oil inventories revealed a surprising surge of 3165K barrels, contrary to the anticipated decrease of 1275K barrels.

Key Data:

  • Crude Oil: +9337K
  • Gasoline: -4437K
  • Distillates: +531K

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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