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Weekly crude oil inventories -3.859M versus -0.552M estimate

Weekly crude oil inventories -3.859M versus -0.552M estimate

Central Banks
Greg Michalowski
16/07/2025 | 14:31 GMT
  • Weekly oil inventory data from the EIA
US oil Trump

  • Crude: -3.859 M vs -0.552M barrels estimate.Previous +7.07M

  • Distillate: 4.173M vs +0.199M barrels estimate. Previous -0.825M

  • Gasoline: 3.399M vs 0.952M barrels estimate. Previous -2.658M

  • Cushing: 0.213M vs +0.464M barrels previous.

Crude oil is trading at $65.78 ahead of the report. Despite the drawdown in crude oil inventory, the current price is trading marginally lower at $65.54

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