U.S. crude inventories declined by 609,000 barrels last week, according to API data, partially reversing the prior 13.4 million barrel surge and signaling some tightening after a sharp build. Official DoE figures still show commercial stocks edging up by 200,000 barrels to 415.4 million, while the Strategic Petroleum Reserve continues to refill and U.S. output breaks its recent streak of weekly declines, factors that may moderate bullish pressure on Oil – US Crude and global benchmark Oil – Brent Crude, with implications for Natural Gas sentiment.
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Over the past month, Oil – US Crude has gained about 5.3%, while Brent Crude has advanced roughly 6.0%, reflecting expectations of a tighter market despite mixed inventory signals, with daily technicals for WTI at Hold and Brent at Buy. In contrast, Natural Gas has dropped about 10.7% over the same period amid ongoing supply resilience and mild demand conditions, and its short-term technical stance points to continued pressure with a Sell bias; Investors can explore more updates, prices, and analysis across global markets at Commodities.