Commodities (Crude Oil & Copper) & Macro Outlook

According to the Energy Information Administration (EIA), U.S. distillate fuel oil implied demand rose to 5.2349 million barrels per day for the week ending September 4, up from 5.1253 million barrels per day in the previous week.

According to the U.S. Energy Information Administration (EIA), crude oil production implied demand fell to 20.827 million barrels per day for the week ended September 4, down from 21.268 million barrels per day in the prior week.

According to EIA data, U.S. refined oil inventory declined by 2.087 million barrels in the week ending September 4, compared to the previous week's increase of 796,000 barrels.

According to the U.S. Energy Information Administration, refinery equipment utilization rate declined 0.2% for the week of September 4, compared to the previous week's reading of 0.6%.

According to EIA, Cushing crude oil inventories declined 68.4 million barrels in the week ending September 4, reversing the prior week's increase of 800,000 barrels.

According to the U.S. Energy Information Administration (EIA), American crude oil inventories decreased by 0.391 million barrels in the week ending September 3. This compares to a 4.45 million barrel decline the previous week. Bloomberg users had forecast a 0.111 million barrel decrease, while

According to the EIA, U.S. refinery operating rates stood at 97.8% for the week ending September 4, exceeding expectations of 97.3% and declining slightly from the prior week's 98%.

According to EIA data, U.S. Strategic Petroleum Reserve inventory fell by 1.244 million barrels in the week ending September 4, compared to a decline of 3.122 million barrels the previous week.

According to EIA data, U.S. crude oil imports reached 1.12 million barrels in the week ending September 4, compared with a decline of 0.79 million barrels in the prior week.

According to the U.S. Energy Information Administration, crude oil inventories at Cushing, Oklahoma declined by 684,000 barrels for the week ended September 4, compared with an increase of 80,000 barrels in the prior week.

According to the Energy Information Administration, U.S. refinery crude oil production rose to 222,000 barrels per day for the week ended September 4, up 231,000 barrels daily from the prior week.

According to Guru Club, Brent crude oil broke through $107 per barrel on September 10, rising 5.72% intraday.

According to the U.S. Energy Information Administration, crude oil inventories for the week ending September 4 declined 391,000 barrels, falling short of the expected decline of 1.554 million barrels. The previous week saw inventories drop by 4.45 million barrels.

According to the Energy Information Administration (EIA), U.S. reformulated gasoline inventories increased by 0.5 million barrels for the week ending September 4, compared to a decline of 0.8 million barrels in the prior week.

According to EIA data released for the week ending September 4, U.S. gasoline inventories rose to 12.69 million barrels, beating market expectations of a 137.3 million barrel decline. The prior week saw inventories fall by 117.3 million barrels.

According to EIA, U.S. gasoline production fell 537,000 barrels per day in the week ending September 4, compared to a gain of 73,000 barrels per day in the prior week.

According to the U.S. Energy Information Administration (EIA), U.S. heating oil inventories rose 10,000 barrels for the week ending September 4, reversing the previous week's decline of 33,000 barrels.

U.S. crude oil production fell to 900,000 barrels per day for the week ended September 4, down from 1.03 million barrels per day in the prior week, according to the Energy Information Administration (EIA).

According to EIA, U.S. refinery crude oil inventory increased to 208.7 million barrels for the week ended September 4, exceeding expectations of a 720,000-barrel decline and compared to a 796,000-barrel increase in the prior week.

According to EIA data, U.S. refined oil imports reached 237,000 barrels per day for the week ending September 4, rebounding from negative 595,000 bpd in the prior week.