US crude oil inventories dropped to 408.4 million barrels, the lowest since 2018. Here's why crypto and risk asset traders should pay attention.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million barrels in the week ending June 26. In the week prior, US…

US crude oil inventories fell to their lowest since September 2018. Crude oil reaching a new all-time high by December 31 at 9.5% YES.

US crude stocks hit their lowest level since 2018, but market odds for crude oil reaching a new all-time high by September 30 drop to 4.5% YES.

Brent crude futures fell 1.6% after EIA reports a smaller-than-expected U.S. oil stock draw. New all-time high by September 30 at 4.5% YES.

Crude oil inventories in the United States decreased by 3.8 million barrels during the week ending June 26, according to new data from the U.S. Energy Information Administration…

U.S. Crude Oil Inventories Extend Decline

US crude oil inventories dropped to 408.4 million barrels, the lowest since 2018. Here's why crypto and risk asset traders should pay attention.