FX.co ★ United States Sees Increase in EIA Weekly Distillates Stocks

The latest data on the U.S. Energy Information Administration's (EIA) Weekly Distillates Stocks shows a significant increase, reaching 1.614 million barrels. This marks a notable turnaround from the previous indicator, which had shown a decrease of 2.76 million barrels. The most recent update on these stock levels was made on 24 April 2024, indicating a shift in inventory levels within the United States. This development in distillates stocks can have implications for the energy market and supply chains, potentially impacting prices and production in the near future.