DOE report shows higher decline in oil inventories than expected

Change in barrels of oil:

Actual: -3.72 million
Forecast: -1.8 million
Previously: -3.44 million

In response to the data, the price of oil on the market is rebounding after declines initiated to a peak at around 2:00 pm BST. Prices are rising by more than 0.5%, approaching today's highs. Source: xStation

27 May 2026, 17:13

🛢️Brent Crude Oil Loses 3%

27 May 2026, 09:57

Oil extends losses and tests local lows 🚩 Piper Sandler bets on a rebound

27 May 2026, 09:56

UK Gilts brush off rising energy price cap, as US stocks reach fresh record highs

26 May 2026, 16:50

Russia is losing the war for the oil market

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