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SpaceX seeks to raise $40 bln to buy Nvidia chips- FT
FlyDubai Co-Pilot Trained to Fly in the UK, Telegraph Says
Bitcoin Remains Stable Amid Weak US Jobs Data and High Treasury Yields
Ken Leech Agrees to $3 Million SEC Fine Over Cherry-Picking Case
Record US Stocks to Set Tone for Asia, Oil Gains: Markets Wrap
US luxury spending slows ahead of midterms, credit card data shows
Samsung’s Q3 profit seen jumping nine-fold, but chip margins may be flat
Japan manufacturers’ mood hits near 5-year high, service-sector sentiment slumps: Reuters poll
Japan considers another extra budget for disaster relief, Yomiuri says
Finnish M&A Intelligence Platform Comparables.ai Secures $6 Million in Seed Funding
JPMorgan Chase Maintains Position as Leading AI-Advanced Bank
Japan's Manufacturing Confidence Reaches Five-Year High Amid Service Sector Decline
BofA Team Touts Options for Tech Sector to Hedge Bubble Risk
Russia to Allocate 280 Billion Rubles for Gold and Currency Purchases
US forecasts hurricane later this week in Gulf of Mexico
IMF reaches staff-level deal with Papua New Guinea, potentially unlocking about $189 million
SpaceX seeks $40 billion to buy Nvidia chips, FT reports
FICO cuts workforce by 15% as part of AI-driven restructuring
SpaceX Plans $40 Billion Financing to Acquire NVIDIA Chips
Why Gas Flares Keep Burning Despite Big Oil’s 2030 Pledges
SpaceX looks to raise $40bn to buy Nvidia chips in financing led by Apollo
Codelco Probes New Signs of Overstated Chile Copper Output
Boston Dynamics names former Amazon executive Rohit Prasad as CEO
Hamilton Lane’s Bell on Secondary Markets Opportunity
Bank of Japan's Ayano Sato Supports Gradual Interest Rate Hikes Amid Rising Oil Costs
JetBlue wins final FAA approval to take over Spirit’s Laguardia slots
Latest Oil Market News and Analysis for Oct. 7
Trump pierde apoyo entre los votantes latinos en EE.UU.
Apollo Weighs Larger Role in Government Lending as Debt Soars
RBA Analysis Indicates AI Stock Decline Could Impact Australian Consumer Spending
Virginia Lieutenant Governor Opposes NextEra-Dominion Deal
SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in Cherry Picking Case
Perth Mint Reports Surge in Gold Sales Amid Price Decline
FirstFT: Crypto company known for risky ‘perps’ vexes Singapore
U.S. Stock Indices Reach Record Highs Amid Rising Trade Deficit and Oil Prices
Gold up slightly as dollar eases and bonds catch a bid, but gains capped by oil
Mexico stocks higher at close of trade; S&P/BMV IPC up 0.52%
Black Hills stock surges 5% on $1.8B Google data center deal
Donald Trump Announces Upcoming Call with Vladimir Putin
Sigma Lithium stock rises after court upholds mining licenses
Russia stocks higher at close of trade; MOEX Russia Index up 0.34%
JetBlue Wins FAA Approval to Take on Spirit’s Slots at LaGuardia
Gulf Tanker Crews Offered High Salaries Amid Rising Risks in Hormuz
Trading Day: Running with the bulls
Greg Abbott to Skip San Antonio Trump Rally Amid Tight Race
Donald Trump says he is considering suspending federal petrol tax
Brent Oil Prices Remain Above $100 Amid Competing Market Forces
BNP Paribas Cautions Against Eliminating 20-Year Treasury Bond
Marvell raises 2028 revenue forecast on strong AI data center demand
Caribou Biosciences stock plunges 40% on halt of CAR-T programs
Crude inventories fall more than expected, boosting oil prices
Carney to visit Türkiye as Canada seeks to diversify trade ties
Canada trade surplus widens as exporters race to beat U.S. tariffs
Crescimento da fortuna de André Esteves
‘Most dangerous product in crypto’ vexes Singapore
US Crude Oil Stocks Decline in Latest Private Survey
Chinese Makers of Fentanyl Ingredients Now Sell Bootleg Peptides to Americans
Emerging-Market Assets Gain as US Yields Drop, Oil Steadies
S&P 500 Reaches New Intraday Record Amid Tech Gains and Easing Oil Prices
Chinese Fentanyl Precursor Producers Shift Focus to Bootleg Peptides in the U.S.
France Considers Bypassing Parliament for €43 Billion Budget Cuts
Constellation Energy Surges 12% on Google Nuclear Power Deal | Closing Bell
Billionaire C&A Family Taps CFO to Lead 185-Year-Old Empire
The Bond Market’s Threat to American Hegemony
Bessent Axing 20-Year Treasury May Send Yields Higher, BNP Warns
NASDAQ Composite Achieves Second Consecutive Closing Record
ECB Board Member to Speak at Event in the Philippines
Wells Fargo Mobile App Can Personalize Debit Card With Photo
S&P 500 Hits Record High Amid Rising Interest Rates and Oil Prices
US Oil Inventories Expected to Rise Amid Mixed Industry Data
Analysts anticipate that US crude oil inventories increased by nearly 2 million barrels in the week ending October 2, 2026, according to a Reuters poll. This projection aligns with the five-year average for this time of year. In contrast, gasoline stocks are expected to decline by a similar amount, while distillate stocks are forecasted to drop by approximately 2 million barrels. Refinery utilization is also predicted to decrease slightly from around 92.5% of capacity.
However, early data from the American Petroleum Institute (API) suggests a different trend. The API reported a crude draw of about 2 million barrels, contrary to expectations for a build. Additionally, gasoline stocks fell by approximately 1.4 million barrels, while distillate inventories rose by around 460,000 barrels. The API's figures, which stem from a voluntary industry survey, often differ from the official data provided by the US Energy Information Administration (EIA).
The EIA's official report is scheduled for release on Wednesday at 10:30 am ET (14:30 GMT), serving as a key benchmark for market participants. Traders will closely monitor whether the EIA confirms the API's reported draw or aligns with analysts' expectations of a build. The distillate inventory figures are particularly significant, given that diesel prices are currently at record highs, and any indication of inventory rebuilding will be scrutinized.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News