tightening

Oil rises extra than 1% on tightening provides, cooling US inflation

Oil rises extra than 1% on tightening provides, cooling US inflation

TRADE ANALYSIS

© Reuters. FILE PHOTO: An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS/File Photo   LCO +1.26% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings

Oil costs upward push, however U.S. inventories weigh

Oil settles up 2% on tightening present, demand concerns linger

TRADE ANALYSIS

© Reuters. FILE PHOTO: An aerial view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel   LCO +2.21% Add to/Remove from Watchlist Add to Watchlist Add