Possible scenario
Auction Clears Smoothly
45% Chance
The most likely outcome is that the Energy Department completes most of the 40 million barrel offer without operational disruption. Gulf Coast refiners use the barrels to replace commercial crude, pushing prompt oil prices modestly lower while deepening concerns about the already-depleted reserve.
Initial impacts
- Oil prices Down
Secondary impacts
- Energy -0.8%
- Consumer Cyclicals +0.3%
Tickers
- VLO+1.4%
- +1.2%
Portfolio impact
S&P 500-0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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