
WTI and Brent were testing technical support ahead of the EIA weekly inventory report scheduled for Wednesday. Commercial crude stocks fell 1.99 million barrels for the week ending October 23, while gasoline rose 3.9 million barrels and distillates fell 1.5 million.
The composition of the inventory data, crude versus product draws, will signal whether tightening is real, which can move crude and diesel prices. Mixed product balances limit a clear directional read for buyers.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.