EIA Cushing Crude Oil Stocks Change comes in at 0.987M against -0.153M consensus

EIA Cushing Crude Oil Stocks Change was reported at 0.987M for the period ending 2026-10-21. This figure came in above the consensus expectation of -0.153M. The actual print represents a 745.1% surprise compared to the consensus forecast. The previous release recorded a change of 1.862M.

Following the release, market reactions were observed across several pairs. Fifteen minutes after the data, AUDUSD was up +0.4 pips, EURUSD was up +0.3 pips, and GBPUSD was down -1.2 pips. NZDUSD moved -0.3 pips. USDCAD was down -3.9 pips, USDCHF was up +0.4 pips, and USDJPY gained +5.1 pips. XAUUSD moved -30 pips. These initial moves are generally small when compared to the median 1-hour moves historically observed for these pairs after similar releases. For example, AUDUSD typically sees a median 1-hour move of 7 pips, EURUSD 8 pips, GBPUSD 11 pips, NZDUSD 6 pips, USDCAD 10 pips, USDCHF 7 pips, USDJPY 8 pips, and XAUUSD 23 pips.