Thursday, June 5, 2025
Oil prices at two-month highs on tight supplies- oil and gas 360

Oil prices at two-month highs on tight supplies

Reuters LONDON – Oil prices rose on Thursday, supported by growing fuel demand and a draw in U.S. crude inventories as production remained hampered in the Gulf of Mexico after two hurricanes. Brent crude was up 28 cents, or 0.4%, to $76.47 a barrel at 1336 GMT (9:36 a.m. EDT). U.S. West Texas Intermediate (WTI) crude rose 43 cents, or 0.6%, to

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 76 Bcf

Natural Gas Inventories as of September 17, 2021 The EIA has released its natural gas inventory report, showing a net increase of 76 Bcf as of September 17 2021. Working gas in storage was 3,082 Bcf as of Friday, September 17, 2021, according to EIA estimates. This represents a net increase of 76 Bcf from the previous week. Stocks were