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Oil Price Recovery Unfazed by Unexpected Rise in US Crude Inventories

Oil Price Recovery Unfazed by Unexpected Rise in US Crude Inventories of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News 2021-07-21 19:00:00 David Song, Strategist Oil Price Talking Points The price of oil snaps the series of lower highs and lows carried over from the previous week as it extends the rebound from the monthly low ($66.44), and crude may stage a larger recovery over the remainder of the week as it appears to be unfazed by an unexpected uptick in US inventories.

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