{"id":59915,"date":"2022-02-09T21:36:34","date_gmt":"2022-02-09T17:36:34","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=59915"},"modified":"2022-02-09T21:36:38","modified_gmt":"2022-02-09T17:36:38","slug":"eia-crude-oil-stocks-fall-by-4-756m-barrels","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eia-crude-oil-stocks-fall-by-4-756m-barrels\/02\/09\/market-updates\/","title":{"rendered":"EIA Crude Oil Stocks Fall By 4.756M Barrels"},"content":{"rendered":"\n<p>Versus the expected 369K Increase, commercial crude oil inventories in the US dropped by 4.756 million barrels in the week ending on 5 February, a weekly report published by the US Energy Information Administration revealed on Wednesday. Market consensus pointed to an increase in crude oil stocks.<br><br>Distillate stocks saw a smaller than expected decline of 929K barrels (forecasts were for a 1.7M barrel build). Gasoline stocks also dropped unexpectedly by 1.644M against market consensus of a 1.623M increase. As for market\u2019s reaction, the WTI crude rose after the report hitting fresh daily highs above $89.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Versus the expected 369K Increase, commercial crude oil inventories in the US dropped by 4.756 million barrels in the week ending on 5 February, a weekly report published by the US Energy Information Administration revealed on Wednesday. Market consensus pointed to an increase in crude oil stocks.Distillate stocks saw a smaller than expected decline of &hellip;<\/p>\n","protected":false},"author":13,"featured_media":51662,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[7436,8184,8766,6944,6909],"class_list":["post-59915","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-crude-oil","tag-crude-oil-stocks","tag-distillate-stocks","tag-eia","tag-wti"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=59915"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59915\/revisions"}],"predecessor-version":[{"id":59919,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59915\/revisions\/59919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/51662"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=59915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=59915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=59915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}