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Market Impact: 0.3
U.S. Crude Oil Inventories Unexpectedly Edge Modestly Higher
Source: Nasdaq
Energy Markets & PricesCommodities & Raw MaterialsEconomic Data
The EIA unexpectedly reported a modest increase in U.S. crude-oil inventories for the week ended September 25, signaling softer-than-expected near-term supply-demand balances. The inventory build is mildly negative for crude prices and could weigh on energy-sector sentiment.
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Overall Sentiment
mildly negative
Sentiment Score
-0.20
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