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Market Impact: 0.25

Trump’s Oil Reserve Release Is Reshaping the Futures Curve

Energy Markets & PricesCommodities & Raw MaterialsEconomic DataInvestor Sentiment & PositioningCommodity Futures

Oil prices fell for a second day after reports of rising U.S. crude inventories, compounding concerns about a choppy global demand recovery. The inventory increase is exerting near-term bearish pressure on crude and related energy stocks until clearer demand signals emerge.

Analysis

Oil prices fell for a second day after reports of rising U.S. crude inventories, compounding concerns about a choppy global demand recovery. The inventory increase is exerting near-term bearish pressure on crude and related energy stocks until clearer demand signals emerge.

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Market Sentiment

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mildly negative

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