ME News: On June 17 (UTC+8), the U.S. EIA Strategic Petroleum Reserve inventory decreased by 8.941 million barrels for the week ending June 12, compared to the previous value of -7.927 million barrels. U.S. EIA crude oil inventory decreased by 8.263 million barrels for the week ending June 12, compared to expectations of -4.566 million barrels and a previous value of -7.227 million barrels. U.S. EIA crude oil inventory at Cushing, Oklahoma decreased by 1.606 million barrels for the week ending June 12, compared to the previous value of -801,000 barrels. (Jinshi) (Source: ODAILY)
U.S. EIA Strategic Petroleum Reserve inventory decreases by 894.1 thousand barrels for the week ending June 12.
KuCoinFlashShare
Summary
The U.S. EIA strategic petroleum reserve inventory decreased by 894.1 thousand barrels for the week ending June 12, following a decline of 792.7 thousand barrels. Crude oil inventories fell by 826.3 thousand barrels, surpassing expectations of 456.6 thousand and a prior drop of 722.7 thousand. Cushing, Oklahoma, crude oil inventories declined by 160.6 thousand barrels, compared to 80.1 thousand previously. Traders are monitoring altcoins amid shifting market sentiment, as the Fear & Greed Index shows mixed signals.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.