# Crude oil prices today: WTI on space for second weekly gain in a row

> WTI traded above $82 a barrel and was on track for a second weekly gain after EIA data showed crude and gasoline inventories fell. JPMorgan forecast Brent could reach $90 by September on summer fuel demand.

- Date: 2024-06-20 · published 2024-06-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29928-crude-oil-prices-today-wti-on-space-for-second-weekly-gain-in-a-row
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Tightening US inventories and firm summer demand point to higher energy costs that flow into freight, drying and biofuel-linked vegetable oil prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2024/06/20/crude-oil-prices-today.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.