Crude Oil Prices Rise as US Supplies Fall

Crude oil prices increased due to declining U.S. domestic supplies and technical buying after hitting oversold levels. The EIA reported an unexpected drop in crude inventories, while Cushing storage reached an 11-year low.

By Rich Asplund Wed, June 17, 2026 at 6:46 PM GMT+3 5 min read · Yahoo Finance · June 17, 2026, 15:46 UTC

Crude Oil Prices Rise as US Supplies Fall

Tickers: $GS

Topics: EIA inventories Goldman Sachs forecast Iran nuclear talks oil prices Strait of Hormuz

Read the full article at Yahoo Finance

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