WTI crude all future settle at $70.10The price of WTI crude futures are settling at $70.10. That's up to dollars $0.01 or 2.95%. The high price reached $71.05. The low price was a $67.54.
Today the inventory data showed:
- Crude oil build of 4.488 million versus an expected drawdown of -1.336 million
- Gasoline stocks showed a drawdown of - 207K versus -497K expected
The API data yesterday showed crude oil stocks rose 5202K and gasoline a build of 1891K. So there was some divergence from the private inventory data.
Natural gas is trading down $0.08 at $2.18.
This article was written by Greg Michalowski at www.forexlive.com.
Source: WTI crude all future settle at $70.10 (https://www.forexlive.com/news/wti-crude-all-future-settle-at-7010-20230601/)
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