๐Ÿšจ๐Ÿšจ SHOCKING Data Alert: EIAโ€™s June 20 Oil Report Could JOLT Markets Today! ๐Ÿšจ๐Ÿšจ

The U.S. EIA Weekly Crude Oil Inventory (ending June 20) is due today, following a massive 5.8โ€ฏM barrel draw last weekโ€”far beyond the expected 1.2โ€ฏM barrel decline .

โš ๏ธ Why Traders Are On Edge:

Steeper draw = hot demand: Crude stocks now sit about 11% below the 5โ€‘year average .

Gasoline & distillates falling fast: A drop of 2.1โ€ฏM and 4.1โ€ฏM 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 sellโ€‘off.

Volatility incoming โ€” Traders eyeing $WTI, $USO, $XLE.

๐Ÿ“ˆ This is one of the most critical data weeks of the summer driving season. Stay tuned before opening bell!

#Brent #OilVolatility #EnergyMarkets #TraderAlert #Commodities