$USOon shrugs off the inventory build as exports hit a record 🛢️
Crude inventories rose by 1.9M barrels against expectations for a draw, but the market is clearly staring past the headline and into the tighter parts of the tape. Gasoline and distillates both fell, exports printed a record, and that’s the kind of mix that tells you larger hands are still leaning into the supply-squeeze story. The market is breathing with resilience here, not panic.
Not financial advice. Manage your risk and protect your capital.
#Oil #CrudeOil #EnergyMarkets #EIA #Commodities
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USOon
Alpha
135.16
+3.50%