Breaking News

U.S. Gasoline Inventories

Latest Release

Oct 02, 2024

Actual

1.119M

Forecast

-0.100M

-1.538M

Gasoline Inventories measures the change in the number of barrels of commercial gasoline held in inventory by commercial firms during the reported week. The data influences the price of gasoline products which affects inflation.

The data has no consistent effect, there are both inflationary and growth implications.

Importance:

Country:

Currency: USD

Source: US Energy Information Administ...

Release Date	Time	Actual	Forecast	Previous
Oct 09, 2024	22:30			1.119M
Oct 02, 2024	22:30	1.119M	-0.100M	-1.538M
Sep 25, 2024	22:30	-1.538M	0.200M	0.069M
Sep 18, 2024	22:30	0.069M	0.610M	2.310M
Sep 11, 2024	22:30	2.310M	-0.400M	0.848M
Sep 05, 2024	23:00	0.848M	-0.800M	-2.203M

News

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Analysis

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Keeping the oil rally going will be OPEC’s challenge as Fed warily watches inflation Fed will likely go back to aggressive rate hikes if inflation spikes from pricier oil Higher inflation could...

You Can’t Have an Oil Rally and Low Inflation, Too By Barani Krishnan - Jul 28, 2023

July’s double-digit rally in oil could continue, fundamental and charts show Yet, threat of inflation grows as a barrel of crude, gasoline get costlier Fed likely to fight back with higher...

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