22:41:14
EIA crude oil inventories rose higher than expected, and U.S. gasoline and diesel futures fell, with the latter falling 2%.
22:39:37
Analysts commented on the EIA crude oil inventory report: Cushing crude oil inventories finally recovered last week after falling to the lowest level since 2014. Inventories surged by about 213,000 barrels, the largest increase since June last year. That could further weigh on U.S. crude oil price differentials, which have also retreated from recent highs.
22:33:55
Medvedev, Vice Chairman of the Russian Federation Security Council: The Russian army has accelerated the pace of personnel recruitment.
22:32:49
WTI crude oil fell more than 1.00% during the day and is now at $82.65/barrel; Brent oil is now down 0.76% at $86.58/barrel.
22:31:50
The United States imported 539,000 barrels of EIA crude oil in the week to October 20, compared with the previous value of -2.621 million barrels.
22:31:21
EIA report: U.S. crude oil exports decreased by 468,000 barrels per day in the week of October 20 to 4.833 million barrels per day.
22:31:18
The EIA Strategic Petroleum Reserve inventory in the United States for the week ending October 20 was 00,000 barrels, compared with the previous value of 00,000 barrels.
22:31:15
EIA report: Commercial crude oil inventories excluding strategic reserves increased by 1.372 million barrels to 421 million barrels, an increase of 0.33%.
22:30:53
EIA report: U.S. Strategic Petroleum Reserve (SPR) inventories remained unchanged at 351.3 million barrels in the week of October 20.
22:30:47
EIA report: In the week of October 20, the United States imported 6.013 million barrels/day of commercial crude oil excluding strategic reserves, an increase of 71,000 barrels/day from the previous week.
22:30:42
EIA report: The four-week average supply of U.S. crude oil products was 20.205 million barrels per day, a decrease of 0.78% from the same period last year.
22:30:39
The U.S. EIA refinery equipment utilization rate in the week to October 20 was 85.6%, expected to be 86.5%, and the previous value was 86.1%.
22:25:34
Market news: The EU executive agency proposed to set methane emission limits on imported natural gas from 2030.
22:25:11
French President Macron: We will continue to promote the restoration of power to Gaza hospitals. The situation is very urgent.
22:17:17
Egyptian President Sisi: French President Macron believes that asking Palestinians to move from their homes is not feasible.
22:15:19
Egyptian President Sisi said during a meeting with French President Macron that the transfer of Palestinians from the Gaza Strip to Egyptian territory would be "extremely dangerous."
22:06:37
Bank of Canada: The central bank’s preferred core inflation indicator shows weak downward momentum, and the central bank hopes to see downward momentum in core inflation.
22:06:22
Bank of Canada: In addition to rising mortgage interest costs, inflation in rent and other housing costs remains high.
22:06:09
Bank of Canada: Inflation forecast is 3.9% in 2023 (3.7% in July), 3.0% in 2024 (2.5% in July), and 2.2% in 2025 (2.1% in July).
22:05:49
The U.S. dollar against the Canadian dollar USD/CAD rose 40 points in the short term and is now at 1.3806.