U.S. crude inventories rose, putting downward pressure on oil prices while Middle East supply concerns persisted.
Oil prices declined as U.S. crude inventories rose, according to market reports.
The build in inventories pressured energy prices downward despite ongoing geopolitical supply risk assessments in the Middle East, which continue to affect European energy costs and inflation gauges.
David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.
More from David Chen →
