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WTI Crude Slips Toward $104 as API Reports 7.1M Barrel Inventory Build

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Oil prices retreated in early European trade as WTI dropped nearly 1% following API data showing a 7.1-million-barrel jump in U.S.
  • crude inventories.
  • The pullback follows technically stretched conditions, though ongoing Middle East and Red Sea shipping risks are expected to maintain market volatility.
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Stored market data

WTI price history

100.40 +69.14% over the displayed period

Advisor Snapshot

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