The MarketReader Minute
β‘οΈSM Energy and Talos Surge on Strong Earnings, Occidental and Nexgen Rally Amid Market Optimism | Energy Sector Insights
U.S. crude oil inventories fell sharply by 3,728K barrels last week, well above the anticipated decrease, which has contributed to rising WTI crude oil prices. Geopolitical tensions surrounding Iran may also influence market sentiment regarding oil supply chains.