StockNow
Log in
Commodities

EIA Expectations: Crude -1.25M, Distillate 0.825M, Gasoline -1.54M

StockNow breaking-news AI analysis

Investors are cautious as EIA inventory drawdowns underperform expectations while U.S. production remains at record highs. Recent upward revisions to 2026 production forecasts further reinforce a bearish supply outlook.

News detail

Crude: -1.25M, prev. -1.693M (Private +2.6M) Distillate: 0.825M, prev. 4.556M (Private +1.8M) Gasoline: -1.54M, prev. -1.533M (Private -1.4M) Cushing: prev. 0.430M (Private -0.7M) Production: prev. 13.861M

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)