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	WTI Crude •10 mins	78.55	+0.53	+0.68%
	Brent Crude •10 mins	82.86	+0.48	+0.58%
	Murban Crude •15 mins	83.15	-1.01	-1.20%
	Natural Gas •11 mins	2.338	-0.006	-0.26%
	Gasoline •15 mins	2.477	+0.017	+0.69%
	Louisiana Light •2 days	83.46	+0.73	+0.88%
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Louisiana Light • 2 days	83.46	+0.73	+0.88%
Bonny Light • 21 hours	82.53	-0.98	-1.17%
Opec Basket • 2 days	83.43	-0.86	-1.02%
Mars US • 193 days	77.26	-1.51	-1.92%
Gasoline • 15 mins	2.477	+0.017	+0.69%

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	Marine •21 hours	83.68	+0.10	+0.12%
	Murban •21 hours	83.97	+0.07	+0.08%
	Iran Heavy •21 hours	79.32	-0.83	-1.04%
	Basra Light •897 days	71.69	-3.60	-4.78%
	Saharan Blend •21 hours	81.56	-1.45	-1.75%
	Bonny Light •21 hours	82.53	-0.98	-1.17%
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Bonny Light • 21 hours	82.53	-0.98	-1.17%
Girassol • 21 hours	83.78	-0.80	-0.95%
Opec Basket • 2 days	83.43	-0.86	-1.02%

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	Canadian Crude Index •350 days	53.57	-1.23	-2.24%
	Western Canadian Select •20 hours	65.92	+0.86	+1.32%
	Canadian Condensate •20 hours	81.27	+0.86	+1.07%
	Premium Synthetic •20 hours	79.52	+0.86	+1.09%
	Sweet Crude •20 hours	75.62	+0.86	+1.15%
	Peace Sour •20 hours	72.32	+0.86	+1.20%
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Peace Sour • 20 hours	72.32	+0.86	+1.20%
Light Sour Blend • 20 hours	75.37	+0.86	+1.15%
Syncrude Sweet Premium • 20 hours	82.32	+0.86	+1.06%
Central Alberta • 20 hours	72.72	+0.86	+1.20%

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	Louisiana Light •2 days	83.46	+0.73	+0.88%
	Domestic Swt. @ Cushing •2 days	75.60	+0.86	+1.15%
	Giddings •2 days	69.35	+0.86	+1.26%
	ANS West Coast •6 days	86.55	+0.43	+0.50%
	West Texas Sour •2 days	75.35	+0.86	+1.15%
	Eagle Ford •2 days	75.60	+0.86	+1.15%
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Eagle Ford • 2 days	75.60	+0.86	+1.15%
Oklahoma Sweet • 2 days	75.50	+0.75	+1.00%
Kansas Common • 21 hours	68.25	-1.00	-1.44%
Buena Vista • 2 days	83.63	+0.86	+1.04%

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All Charts

5 hours U.S. Crude Oil Inventories See Surprise Draw
7 hours Putin to Visit China to Discuss Energy Ties
9 hours The Controversy That Nearly Destroyed OPEC Has Resurfaced
12 hours U.S. Gasoline Prices Set for Slight Drop Ahead of Memorial Day
12 hours Chevron Surpasses Tesla as the Most Shorted U.S. Large-Cap Stock
13 hours Australia to Invest $15 Billion in Clean Energy Over the Next Decade
14 hours OPEC Remains Optimistic About Global Oil Demand Growth
15 hours OPEC’s Oil Production Drops Ahead of Key Policy Meeting
16 hours Anglo American to Exit Diamonds and Platinum After Rebuffing BHP Bids
17 hours Japan Sees 50% Surge in Electricity Demand by 2050
19 hours Indonesia Offers Five Oil and Gas Blocks in First Auction for 2024
20 hours Petrobras Books 38% Drop in Q1 Profit
1 day American Shale Output Heading for 6-Month High in June
1 day Oil Prices Rise as Market Anticipates OPEC Monthly Report
1 day Mining Giant Anglo American Rebuffs Another BHP Takeover Offer
1 day Nigeria to Boost Oil Production by 40,000 Bpd as New Field Starts Up
1 day Eni Looks to Spin Off Oil and Gas Projects
2 days European Commission Ends Probe Into Chinese Solar Firms
2 days EU Approves Stricter Emission Rules for Heavy-Duty Vehicles
2 days China Hikes Natural Gas and Coal Imports as Prices Halve From 2023
2 days Senate Majority Leader Calls on FTC to Stop Chevron-Hess Merger
2 days Wildfire Threat Prompts Evacuation Alert at Oil Sands Hub
2 days Fuel Demand Slowdown and Interest Rate Pessimism Weigh on Oil Prices
4 days Pembina Not Giving Trans Mountain Hard Look Due to Shipping Fee Uncertainties
4 days U.S. Extends License For Transactions With Venezuela's PDVSA
4 days China’s Purchases of Saudi Crude to Drop in June
4 days South Africa May Limit Shell's Drilling Licenses After Its Downstream Exit
5 days Enbridge Tops Q1 Earnings Estimates Amid Strong Oil Demand
5 days Crescent Point Q1 Earnings Drop Amid Lower Oil and Gas Prices
5 days European and African Oil Prices Fall as U.S. Exports Soar
5 days Climate Activists Urge Biden to Halt Oil Export Project Approvals
5 days Calpers Threatens to Vote Against the Re-Election of Exxon’s CEO
5 days Biden to Announce New Tariffs on Chinese EVs and Solar Equipment
5 days Oil Prices Are on Course for the First Weekly Gain in Weeks
5 days Republican U.S. States Sue EPA over Strict Power Plant Emission Rules
5 days India Braces for Record Power Shortfall Amid Hydropower Slump
5 days First Niger Oil Bound for China Blocked in West Africa Border Row
5 days Canadian Oil Sands Set for 15% Output Boost Says S&P Global
5 days India’s Coal Consumption and Emissions Hit Record Highs in Q1
6 days Brazil's Oil Giant Must Assess the Impact of Drilling on Indigenous Communities

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U.S. Crude Oil Inventories See Surprise Draw

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Tom Kool

Tom Kool

Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations

Latest articles from Tom

OPEC Extension Sends Oil Prices Soaring

Published 01 December 2017 | viewed 20,811 times

Oil markets' initial reaction to yesterday's OPEC news was rather dull, however oil prices saw a sharp spike on Friday morning as the bulls returned…
All Eyes On OPEC As Meeting Nears

Published 28 November 2017 | viewed 10,374 times

Oil markets are waiting patiently for the outcome of Thursday’s OPEC meeting, and the idea that traders could be disappointed is beginning to gain traction. (Click to…
Flurry Of Bullish News Boosts Oil Prices

Published 24 November 2017 | viewed 31,330 times

Oil prices saw significant gains on Friday following a week of bullish news and though the OPEC meeting is still a week away, analysts are…
Oil Prices Stuck Ahead Of OPEC Meeting

Published 21 November 2017 | viewed 15,878 times

As the OPEC meeting rapidly approaches, bullish sentiment appears to have taken a time-out with the recent suggestion that the production cut extension may not…
Oil Survives Bearish Backlash

Published 17 November 2017 | viewed 20,297 times

Oil prices rallied on Friday morning after seeing some of their worst weeks in some time as bearish news continues to pile up. (Click to enlarge)…
The Dangers Of A Bullish Oil Market

Published 14 November 2017 | viewed 12,231 times

The U.S. rig count rose on Friday and Tuesday’s IEA report hit the oil market hard, causing bulls to pocket some profit after the recent oil…
Are Oil Markets Immune To U.S. Shale?

Published 10 November 2017 | viewed 15,634 times

Oil prices pulled back slightly following the release of the Baker Hughes rig count report, but geopolitical risk still remains, and with the assumption that…
Oil Rally Halts As Saudi Purge Continues

Published 07 November 2017 | viewed 17,898 times

Oil prices hit two-year highs on Monday following bullish news coming from OPEC and the Middle East, further stressing the tremendous impact of geopolitical risk…
Is $60 The New Floor For Oil Prices?

Published 03 November 2017 | viewed 26,999 times

Positive sentiment continues to drive oil markets as the OPEC meeting nears and U.S. oil rigs continue to decline. Oil prices have maintained their gains and are…
Are Higher Oil Prices Here To Stay?

Published 31 October 2017 | viewed 23,065 times

Strong assurances from OPEC and Russia regarding the extension of the production cut deal has pushed oil prices above $60 per barrel, providing a confidence boost…
Oil Prices Finally Break $60

Published 27 October 2017 | viewed 43,580 times

With Brent prices briefly breaking the $60 mark on Friday morning, there is a cautious optimism in the oil market. (Click to enlarge) (Click to…
Oil Prices Rise Ahead Of Inventory Data

Published 24 October 2017 | viewed 15,162 times

With oil prices up slightly on Tuesday, analysts are warning investors to remain cautious while suggesting that a correction could be near. (Click to enlarge)…
Oil Shows Weakness, But Don’t Expect A Plunge

Published 20 October 2017 | viewed 12,286 times

Oil seems to have found a relative bottom after the declines over the past few weeks, with WTI firming up at the $50-per-barrel level. (Click…
Oil Fundamentals Overturn Geopolitical Risk

Published 17 October 2017 | viewed 16,509 times

Oil posted gains on Monday on news that the Iraqi military had seized control of Kirkuk, but oil fundamentals and the large supply capacity of…
Oil Prices Spike On Middle East Tensions

Published 13 October 2017 | viewed 20,997 times

Oil prices rose on Friday on bullish data from China showing an uptick in oil imports by 1 million barrels per day in September, from…
Aggressive OPEC Pushes Oil Prices Up

Published 10 October 2017 | viewed 12,814 times

Oil prices firmed up just a bit on the very aggressive comments from OPEC’s top official, although the bull run from September does not appear…
Oil Markets Brace For Another Hurricane

Published 06 October 2017 | viewed 15,882 times

Oil prices fell from last week's highs as investors pocketed gains. Not all hope is lost, however. Saudi Arabia and Russia just announced some promising news…
Oil Markets Fear An OPEC Compliance Collapse

Published 03 October 2017 | viewed 10,141 times

Brent prices have pulled back from its recent high of $58 per barrel, but hope is not lost from the market's bulls. (Click to enlarge)…
Can OPEC Control The Oil Bulls?

Published 29 September 2017 | viewed 11,253 times

The recent spike in oil prices has given way to all sorts of questions: Is $80 oil possible? Is this the end for low oil…
$60 Oil Enters The Realm Of Possibility

Published 26 September 2017 | viewed 15,002 times

Oil markets took a bullish turn this week amid growing geopolitical tensions and a tightening oil market. (Click to enlarge) (Click to enlarge) (Click to…

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