Archive · 21 Nov 2025
Crude Oil Futures Rise on US Inventory Decline
Crude oil prices went up because there was less oil in the US.
This happened while the US and Russia are trying to make a peace plan for Ukraine.
Other things like gasoline and jet fuel also changed a bit.
Crude oil futures traded higher on Thursday morning
US commercial crude oil inventories decreased by 3.4 million barrels
Total motor gasoline inventories increased by 2.3 million barrels
Distillate fuel inventories increased by 0.2 million barrels
US and Russia working on a new peace plan for Ukraine
- Who
- Crude oil traders, US and Russia
- What
- Crude oil futures rose, US and Russia working on peace plan
- When
- Thursday, November 20, 2025
- Where
- US, Russia, global oil markets
- Why
- Decline in US oil inventories, US-Russia peace plan talks
Supply and Demand
Geopolitics
Inventory Levels
Supply and Demand
Decline in US oil inventories
Geopolitics
N/A
- Crude oil inventory change
- -3.4 million barrels
- Gasoline inventory change
- +2.3 million barrels
- Distillate fuel inventory change
- +0.2 million barrels
- Brent oil futures change
- +0.25%
- WTI crude oil futures change
- +0.30%
