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EIA Expectations: Crude -1.8M, Distillate -1.2M, Gasoline -1.1M

StockNow breaking-news AI analysis

Investors face conflicting inventory signals: EIA expects draws while API reported builds. Global deficits and geopolitical tensions in the Hormuz Strait support higher long-term price forecasts despite cooling demand.

News detail

Crude: -1.8M, prev. 2.479M (Private +9.1M) Distillate: -1.2M, prev. -3.473M (Private -0.6M) Gasoline: -1.1M, prev. -1.643M (Private -1.5M) Cushing: prev. 2.356M (Private +1.6M) Production: prev. 13.804M

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