Oil gained modestly after US crude inventories report
Oil gained modestly after US crude inventories report
International benchmarks for crude oil crawl higher on Wednesday, 17 June 2021 after the official report from the EIA that showed a sharp drawdown in US crude inventories last week, signaling a bullish demand prospect.
Brent gained 40 cents to $74.39/barrel.
WTI increased 3 cents to $72.15/barrel.