Oil rises on lower U.S. stockpiles, demand recovery - Markets

After 131 past bullish report events, Crude Oil (WTI) moved a median +1.2% over 5 sessions (60% higher; middle half -1.3% to +3.4%), and +2.9% over 20.

• Jul 31, 2020Oil on track for monthly gains as US cuts production - Markets - Business Recorder+5.2%
• Apr 14, 2023Oil rises, logs weekly gains after IEA predicts record demand-5.9%
• Feb 12, 2018Brent Crude, West Texas Intermediate, OPEC Says Oil Demand to Rise - Markets Insider+4.4%
• Aug 25, 2021Oil rises on US fuel demand, extends rally+1.4%
• Jul 31, 2019Oil Rises On US Stockpile Drawdown, Focus On Fed Meeting - BizWatchNigeria.Ng-7.6%

After 116 past bullish report events, Crude Oil (Brent) moved a median +1.3% over 5 sessions (66% higher; middle half -1.0% to +3.1%), and +2.0% over 20.

• Jul 31, 2020Oil on track for monthly gains as US cuts production - Markets - Business Recorder+4.9%
• Apr 14, 2023Oil rises, logs weekly gains after IEA predicts record demand-4.8%
• Feb 12, 2018Brent Crude, West Texas Intermediate, OPEC Says Oil Demand to Rise - Markets Insider+2.6%
• Aug 25, 2021Oil rises on US fuel demand, extends rally+2.9%
• Jul 31, 2019Oil Rises On US Stockpile Drawdown, Focus On Fed Meeting - BizWatchNigeria.Ng-7.6%

After 109 past bullish report events, ULSD / Diesel moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% over 20.

• Feb 1, 2024EIA: U.S. crude stockpiles rise, products draw on low refining rates+0.7%
• Sep 28, 2022Oil prices rise on surprise drop in U.S. crude, fuel stocks+10.2%
• May 19, 2026Grain Rail Demand Rises While Barge Movement Slows - RFD-7.8%
• May 14, 2025Market Talk | While Energy Futures Tick Lower Data Suggest Room For A Rise-1.8%
• Jan 31, 2018Oil rebounds, ends up on gasoline demand, OPEC compliance-3.8%