The Story
News Summary
- US crude oil inventories plummeted by 6.072 million barrels for the week ending June 26, marking a significant acceleration from the previous week's draw.
- Despite ongoing SPR releases and a minor rise in domestic production, the massive eleven-week drawdown of 59.4 million barrels signals robust demand.
Explore WTI price history & advisor snapshot
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Stored market data
WTI price history
100.05
+69.03% over the displayed period
Advisor Snapshot
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