Crude prices rise as US inventories drop

Oil
April 15, 2021

ICE Brent prompt contract jumped to 66.7 $/b, returning close to 5% on a daily basis, on Thursday as US petroleum markets were getting increasingly tighter, as reported by the EIA.

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Crude prices rise as US inventories drop

You might also read :

Chinese SPR crude auction, amid falling US inventories

Weaker Asian prices continued to exert downward pressure

EUAs rebounded alongside the wider markets after early losses

Simplifying energy markets