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Market Impact: 0.3

Crude Oil Slips Amid EIA Data Release, Trump's Mixed Message To Iran

USEG
Energy Markets & PricesCommodities & Raw MaterialsEconomic Data

Crude oil prices edged lower as U.S. EIA inventory data pointed to demand that was weaker than expected. The softer demand signal is likely to pressure near-term oil sentiment, contributing to the day’s downside move.

Analysis

Crude oil prices edged lower as U.S. EIA inventory data pointed to demand that was weaker than expected. The softer demand signal is likely to pressure near-term oil sentiment, contributing to the day’s downside move.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

Ticker Sentiment

USEG0.00