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     Oil Price Outlook: Brent Crude Eyes Further Gains on Supply Risks

     Crude Oil prices start the week on the front foot, up 0.94% at the time of writing. Oil benchmarks are trading higher to start the week as supply risks ...

     MarketPulse

     4 days ago

   • 

     Yen hits fresh lows as new FX diplomat announced

     Asia market update: US Pres debate spells trouble for Biden; Yen hits fresh lows as new FX diplomat announced; JP data above ests; Key focus on US May Core PCE.

     The Forex Market

     15 hours ago

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2. People also ask

   Did crude oil stocks rise 914,000 barrels in the week ended June 21?

   • The American Petroleum Institute (API) reported U.S. crude oil stocks rose by 914,000 barrels in the week ended June 21, according to market sources briefed on the data. Analysts polled by Reuters expect crude stocks to have declined by nearly 3 million barrels last week.

   Oil ticks up on inventory drawdown outlook, Middle East risks

   www.msn.com/en-ca/money/topstories/oil-ticks-up-on-inventory-drawdown-outlook-middle-east-risks/ar-BB1oTJZa

   See all results for this question

   Will a resurgent refinery run lead to a higher crude inventory draw?

   • Claudio Galimberti, director of global market analysis at Rystad Energy, predicts "another significant crude inventory draw in the U.S. this week, supporting the bullish sentiment thanks to resurgent product demand, increasing refinery runs and flat crude production," according to Dow Jones.

   Crude oil prices slip ahead of expected report showing strong demand

   seekingalpha.com/news/4119225-crude-oil-prices-slip-ahead-of-expected-strong-eia-inventory-report

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   Why did oil prices rise during Asian trade?

   • SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopolitical risks from the Middle East conflict and forecasts of an eventual inventory drawdown during the third quarter peak demand season.

   Oil ticks up on inventory drawdown outlook, Middle East risks

   www.msn.com/en-ca/money/topstories/oil-ticks-up-on-inventory-drawdown-outlook-middle-east-risks/ar-BB1oTJZa

   See all results for this question

   Does aviation activity signal a positive trend for oil demand?

   • "For the time being, this strength in aviation activity signals a positive trend for oil demand, particularly in the context of summer travel, economic recovery and consumer optimism," Galimberti wrote.

   Crude oil prices slip ahead of expected report showing strong demand

   seekingalpha.com/news/4119225-crude-oil-prices-slip-ahead-of-expected-strong-eia-inventory-report

   See all results for this question

3. www.investing.com › eia-crude-oil-inventories-75United States Crude Oil Inventories - Investing.com

   www.investing.com › eia-crude-oil-inventories-75

   • Cached

   3 days ago · The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories...

4. www.eia.gov › petroleum › supplyWeekly Petroleum Status Report - U.S. Energy Information ...

   www.eia.gov › petroleum › supply

   • Cached

   Jun 14, 2024 · Weekly Petroleum Status Report. Notice: Table 11 and Table 12 certain spot prices are currently not available. Table 13 futures prices after April 5, 2024, are not available. The petroleum supply situation in the context of historical information and selected prices.

5. www.reuters.com › markets › commoditiesUS crude, gasoline stockpiles rise on weaker demand ...

   www.reuters.com › markets › commodities

   2 days ago · Gasoline futures turned negative following an unexpected build. Distillate stockpiles (USOILD=ECI), which include diesel and heating oil, fell by 377,000 barrels in the week to 121.3 million ...

6. oilprice.com › Energy › Crude-OilOil Moves Lower on Surprise Inventory Build | OilPrice.com

   oilprice.com › Energy › Crude-Oil

   • Cached

   2 days ago · Crude oil prices ticked down today, after the U.S. Energy Information Administration reported an inventory build of 3.6 million barrels for the week to June 21. This compared with a draw of 2.5 ...

7. www.cnbc.com › 2024/06/26 › crude-oil-prices-todayCrude oil prices today: WTI higher despite rising inventories

   www.cnbc.com › 2024/06/26 › crude-oil-prices-today

   • Cached

   2 days ago · West Texas Intermediate crude futures settled 7 cents higher at $80.90 a barrel. The gains mean the U.S. benchmark is up 5% on the month, while Brent has tallied a 4.4% gain in June. Analysts have ...

8. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 20 ...

   www.bloomberg.com › news › articles

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   Jun 19, 2024 · June 20, 2024 at 12:16 PM PDT. Listen. 1:39. Oil rose as a drawdown in US crude inventories extended a rally that has been supported by a hot streak for equity markets. West Texas Intermediate ...

9. oilprice.com › Energy › Oil-PricesOil Under Pressure As EIA Confirms Rising Crude, Fuel Inventories

   oilprice.com › Energy › Oil-Prices

   • Cached

   Jun 5, 2024 · Crude oil prices moved lower today, after the U.S. Energy Information Administration reported an estimated inventory build of 1.2 million barrels.