The Story
News Summary
- US crude inventories plummeted by 9.1 million barrels, significantly outpacing analyst expectations.
- Despite remaining above year-end levels, the aggressive draw, combined with shrinking Strategic Petroleum Reserves and a minor dip in domestic production, points toward tightening supply conditions that could support higher energy prices.
Explore WTI price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
WTI price history
100.40
+69.14% over the displayed period
Advisor Snapshot
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