Tuesday, June 16, 2026

Oil Jumps Up Near $60 on Biggest U.S. Stockpile Drop Since 2016 

From Bloomgerg  Inventories declined 12.8 million barrels last week, EIA says  Oil rose near $60 a barrel for the first time this month as a huge drop in U.S. crude inventories bolstered the outlook for demand.  Futures in New York climbed as much as 3.6%, after the U.S. Energy Information Administration said domestic stockpiles fell by 12.8 million barrels last week. The biggest