Forex news and forex forecasts

04/02/2026 21:56

USA: Crude Oil Inventories Fall More than Expected - EIA.

US crude stocks fell by 3.455 million barrels in the week ended January 30, 2026, the most since October and more than market expectations for a 2 million-barrel draw. Crude stocks at the Cushing, Oklahoma, delivery hub decreased by 743 thousand barrels in the week. Distillate stockpiles, which include diesel and heating oil, tumbled 5.553 million barrels, the most since 2021. On the other hand, gasoline stocks rose by 685 thousand barrels.