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The EIA reported that US commercial crude stocks rose 4.7 million barrels to 414.4 million for the week ending November 6, while gasoline and distillate inventories also increased. WTI and Brent rebounded from moving-average support as Middle East supply risks offset the builds.
Inventory builds are bearish, but Middle East supply risk limits downside, so energy input costs for feed mills and transport stay firm. Distillate stocks are still well below year-earlier levels.
fxempire.comChristopher LewisNov 13, 2026Not 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.
