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🚨🚨 SHOCKING Data Alert: EIA’s June 20 Oil Report Could JOLT Markets Today! 🚨🚨
The U.S. EIA Weekly Crude Oil Inventory (ending June 20) is due today, following a massive 5.8 M barrel draw last week—far beyond the expected 1.2 M barrel decline .
⚠️ Why Traders Are On Edge:
Steeper draw = hot demand: Crude stocks now sit about 11% below the 5‑year average .
Gasoline & distillates falling fast: A drop of 2.1 M and 4.1 M barrels respectively, signaling heavy refinery usage and consumer demand .
Record refinery throughput: U.S. refiners ran at ~95% capacity, their highest since July 2024 .
What Could Happen Today:
Another surprise draw? Could propel Brent & WTI higher.
Unexpected build? Might shock markets, triggering a swift sell‑off.
Volatility incoming — Traders eyeing $WTI, $USO, $XLE.
📈 This is one of the most critical data weeks of the summer driving season. Stay tuned before opening bell!
#Brent #OilVolatility #EnergyMarkets #TraderAlert #Commodities
The U.S. EIA Weekly Crude Oil Inventory (ending June 20) is due today, following a massive 5.8 M barrel draw last week—far beyond the expected 1.2 M barrel decline .
⚠️ Why Traders Are On Edge:
Steeper draw = hot demand: Crude stocks now sit about 11% below the 5‑year average .
Gasoline & distillates falling fast: A drop of 2.1 M and 4.1 M barrels respectively, signaling heavy refinery usage and consumer demand .
Record refinery throughput: U.S. refiners ran at ~95% capacity, their highest since July 2024 .
What Could Happen Today:
Another surprise draw? Could propel Brent & WTI higher.
Unexpected build? Might shock markets, triggering a swift sell‑off.
Volatility incoming — Traders eyeing $WTI, $USO, $XLE.
📈 This is one of the most critical data weeks of the summer driving season. Stay tuned before opening bell!
#Brent #OilVolatility #EnergyMarkets #TraderAlert #Commodities
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