# Oil prices settle up 4% despite big U.S. crude inventory build | Reuters

> Brent settled up 4% at $108.78 and WTI rose 3.7% to $104.25 despite a large US crude inventory build. Traders worried about tight global supply as they expected major buyers to shun Russian barrels.

- Date: 2022-04-13 · published 2022-04-13T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42017-oil-prices-settle-up-4-despite-big-u-s-crude-inventory-build-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expectations of shunned Russian barrels keep crude supply tight, raising energy costs that feed through to grain transport and processing.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-08-31 | [Oil prices settle up more than $4 a barrel on renewed US-Iran fighting \| Reuters](https://feedsoft.ai/events/17635-oil-prices-settle-up-more-than-4-a-barrel-on-renewed-us-iran-fighting-reuters.md) | +9.6% | +4.0% |
| WTI | 2023-12-20 | [Oil settles up on Red Sea tensions; gains capped by US stock builds \| Reuters](https://feedsoft.ai/events/32883-oil-settles-up-on-red-sea-tensions-gains-capped-by-us-stock-builds-reuters.md) | +1.3% | +0.4% |
| WTI | 2026-03-10 | [Oil settles up nearly 5% as supply fears mount despite record stocks release plan \| Reuters](https://feedsoft.ai/events/5574-oil-settles-up-nearly-5-as-supply-fears-mount-despite-record-stocks-release.md) | -1.3% | +20.4% |
| WTI | 2023-03-30 | [Oil rises over 1% on Iraqi supply risks, U.S. crude draw \| Reuters](https://feedsoft.ai/events/36774-oil-rises-over-1-on-iraqi-supply-risks-u-s-crude-draw-reuters.md) | +10.6% | +2.5% |
| WTI | 2026-01-12 | [Oil prices settle at 7-week high on worries about Iran exports \| Reuters](https://feedsoft.ai/events/11391-oil-prices-settle-at-7-week-high-on-worries-about-iran-exports-reuters.md) | +0.7% | +9.3% |
| BRENT | 2026-08-31 | [Oil prices settle up more than $4 a barrel on renewed US-Iran fighting \| Reuters](https://feedsoft.ai/events/17635-oil-prices-settle-up-more-than-4-a-barrel-on-renewed-us-iran-fighting-reuters.md) | +10.8% | +22.9% |
| BRENT | 2023-12-20 | [Oil settles up on Red Sea tensions; gains capped by US stock builds \| Reuters](https://feedsoft.ai/events/32883-oil-settles-up-on-red-sea-tensions-gains-capped-by-us-stock-builds-reuters.md) | +1.0% | +0.7% |
| BRENT | 2026-03-10 | [Oil settles up nearly 5% as supply fears mount despite record stocks release plan \| Reuters](https://feedsoft.ai/events/5574-oil-settles-up-nearly-5-as-supply-fears-mount-despite-record-stocks-release.md) | +4.1% | +27.2% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-prices-rise-tight-supply-outlook-russia-spurns-peace-talks-2022-04-13/

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