U.S. Crude Oil Stockpiles Fall More Than Expected

Commercial crude oil stocks were down by 8.3 million barrels as net imports decreased and refineries ran near full capacity.

Oil Supply Could Far Outstrip Demand Growth if Middle East Peace Deal Holds, IEA Says

Oil consumption is set to fall sharply lower before flows through Hormuz gradually normalize, setting the stage for a supply surge that could far outstrip demand growth .

Oil Futures Inch Up As Market Focuses on U.S.-Iran Deal