West Texas Intermediate crude rose to the highest in more than two weeks as strong refinery demand reduced U.S. inventories.
Prices gained for a third time in four days. U.S. refineries operated at the highest rate in nine years in the week ended July 11, according to the Energy Information Administration. Crude inventories at Cushing, Oklahoma, the delivery point for WTI, dropped to a six-year low as oil flowed to the Gulf Coast where prices were higher. Brent was steady as the U.S. and Europe threatened further sanctions against Russia.
"The supply side really should keep us higher," said Phil Flynn, senior market analyst at the Price Futures Group in Chicago. "Cushing is the delivery point so the drawdown there is giving the market a boost. The drop at Cushing is definitely favoring WTI over Brent."
WTI for August delivery, which expires tomorrow, gained 74 cents, or 0.7 percent, to $103.85 a barrel at 9:54 a.m. on the New York Mercantile Exchange. The more-active September future was up 30 cents at $102.25. The volume of all futures was about 17 percent above the 100-day average.
Brent for September settlement gained 2 cents to $107.26 a barrel on the London-based ICE Futures Europe exchange. The volume of all futures traded was about 19 percent below the 100-day average for the time of day. WTI was at a discount of $5.06 to Brent on the ICE, down from $5.29 on July 18.

© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.