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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

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     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

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   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

   www.msn.com/en-us/money/other/crude-oil-prices-slip-ahead-of-expected-report-showing-strong-demand/ar-BB1oTfz7

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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

   www.msn.com/en-us/money/other/crude-oil-prices-slip-ahead-of-expected-report-showing-strong-demand/ar-BB1oTfz7

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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. ir.eia.gov › wpsr › wpsrsummaryWeekly Petroleum Status Report - EIA's Information Releases ...

   ir.eia.gov › wpsr › wpsrsummary

   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.6 million barrels from the previous week. At 460.7 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year.

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6. 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 ...

7. www.msn.com › en-us › moneyCrude Under Pressure as Weekly EIA Inventories ... - MSN

   www.msn.com › en-us › money

   An increase in OPEC crude output is negative for oil prices. OPEC May crude production rose +60,000 bpd to 26.96 million bpd, a 5-month high. Today's weekly EIA report was mainly bearish. EIA ...

8. markets.businessinsider.com › news › commoditiesU.S. Crude Oil Inventories Unexpectedly Jump By 3.7 Million ...

   markets.businessinsider.com › news › commodities

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   Jun 12, 2024 · The EIA said crude oil inventories jumped by 3.7 million barrels last week after rising by 1.2 million barrels in the previous week. Economists had expected crude oil inventories to...

9. www.bloomberg.com › eia-crude-oil-inventory-reportEIA Crude Oil Inventory Report - Bloomberg

   www.bloomberg.com › eia-crude-oil-inventory-report

   • Cached

   Oct 18, 2021 · Here are five KEY TAKEAWAYS from Wednesday’s EIA Crude Oil Inventory Report. Crude inventories saw a surprise draw of 431,000 barrels a day, which could be the result of lower output and...