WTI ‘Off The Highs’ After API Reports Surprise Large Crude/Product Builds
July 11, 2023 at 16:39 PM EDT
Oil prices ended higher again today, with WTI at the upper-end of its recent range and Brent with its highest close since late April. “Crude prices are getting a boost as expectations grow for the oil market to remain tight despite all lingering growth concerns. The IEA expects strong demand from China and developing nations. […] Source