Sign Up
Stories
Oil Prices Rebound on Inventory Draw
Share
Aramco Boosts May Oil Prices
Commodities Mixed Movements Highlighted
Commodity Market Closings Report
Geopolitical Tensions Boost Oil Forecast...
Oil Prices Ease Amid Dollar Strength
Oil Prices Rally on Inventory Data
Overview
API
WTI oil prices rose as crude stockpiles unexpectedly decreased after consecutive weekly increases, with analysts anticipating further inventory growth for crude but a drawdown in product stocks.
Ask a question
How could the fluctuation in inventory levels affect oil-dependent industries and global markets?
How might the unexpected drawdown impact future oil price trends?
What factors contributed to the consistent weekly builds prior to the drawdown?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jan 2024
Feb 2024
Mar 2024
Coverage