Analytics, News, and Forecasts for CFD Markets: raw news — 23-10-2019.

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23.10.2019
14:34
EIA’s report reveals a surprise decline in U.S. crude oil inventories

The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories fell by 1.699 million barrels in the week ended October 18. Economists had forecast a gain of 3.000 million barrels.

At the same time, gasoline stocks declined by 3.107 million barrels, while analysts had expected a drop of 2.238 million barrels. Distillate stocks reduced by 2.715 million barrels, while analysts had forecast a decrease of 2.723 million barrels.

Meanwhile, oil production in the U.S. was unchanged at 12.600 million barrels a day.

U.S. crude oil imports averaged 5.9 million barrels per day last week, down by 438,000 barrels per day from the previous week.

02:30
Commodities. Daily history for Tuesday, October 22, 2019
Raw materials Closed Change, %
Brent 59.33 1
WTI 54.25 1.33
Silver 17.5 -0.23
Gold 1487.645 0.25
Palladium 1754.18 -0.26

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