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Breaking Posted 6 hours ago

EIA crude inventories rise 2.479M; expectations missed sharply

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US crude oil inventories increased 2.479M barrels versus forecast -1.5M decline and prior -7.167M drop, signaling weaker demand or supply build. This surprise reversal affects commodity-linked currencies (CAD, NOK, AUD) and may weaken risk sentiment; USD strength from safe-haven flows could offset energy-currency headwinds.
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6 hours ago

US crude inventories rise 2.48M barrels, defying expectations

US crude oil inventories increased 2.479M barrels versus expectations for a 1.389M decline and prior week's 7.167M drop. The larger-than-forecast build signals weaker energy demand and may pressure USD if it reinforces growth concerns already fueling the Fed dovish narrative; energy-linked currencies like CAD face headwinds.

https://x.com/FirstSquawk/status/2085010528863428999
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