HomeMarketsFuturesEIA Reports U.S. Oil Stockpiles Climbed 9.4M Barrels Last Week
EIA Reports U.S. Oil Stockpiles Climbed 9.4M Barrels Last Week

Crude (/CL) is back up over $100 per barrel. On the bearish side, you have the Chinese lockdowns of tens of millions of people and on the bullish side, you have Russia waiting to see how much of the supply is going to come off the market, explains Matt Smith, Lead Oil Analyst, Americas at Kpler. These factors will contribute to higher volatility going forward, he adds. Matt discusses the continued high global imports of oil. Matt and Ben discuss natural gas (/NG) and the bullish factors pushing up natural gas prices.

Futures

14 Apr 2022

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