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Provided by Dow Jones
U.S. oil prices at highest since 2018 with supplies seen falling an 8th-straight week Oil futures settle higher on Tuesday, with U.S. prices at their highest in over two years, finding support on expectations for another decline in U.S. crude inventories, even as worries over the spread of the delta variant of the coronavirus continues to hang over the market.
U.S. Crude-Oil Stockpiles Likely to Fall in DOE Data, Analysts Say U.S. crude-oil stockpiles are unanimously expected to decrease by 4 million barrels in the week while gasoline stockpiles are expected to fall by 1.8 million barrels from the previous week in data due Wednesday, according to a survey of analysts and traders.