EIA Crude Oil Stocks Change comes in at -7.167M against 5.131M consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The EIA Crude Oil Stocks Change for the week ending July 29, 2026, showed a draw of -7.167 million barrels. This figure significantly missed the consensus expectation of an increase of 5.131 million barrels, representing a surprise of -239.7%. The previous week’s change was an increase of 2.01 million barrels.
Following the release, market reactions were observed across major currency pairs and gold. Fifteen minutes after the data, USDCAD moved +8.3 pips, USDCHF moved +6.1 pips, and USDJPY moved +7.1 pips. AUDUSD moved -8.0 pips, EURUSD moved -2.9 pips, GBPUSD moved -1.7 pips, and NZDUSD moved -6.7 pips. XAUUSD moved -69 pips. Compared to typical median 1-hour moves, the 15-minute moves for EURUSD (-2.9 pips vs median 8 pips), GBPUSD (-1.7 pips vs median 11 pips), USDCAD (+8.3 pips vs median 10 pips), USDCHF (+6.1 pips vs median 7 pips), and USDJPY (+7.1 pips vs median 8 pips) were smaller. AUDUSD’s move of -8.0 pips was slightly larger than its median of 7 pips, and NZDUSD’s move of -6.7 pips was also slightly larger than its median of 6 pips. XAUUSD’s move of -69 pips was significantly larger than its median 1-hour move of 22 pips.