WTI crude oil closed 3.04% higher to $87.91 today, pushing above its rangebound movement of the past five days.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
While numbers from the American Petroleum Institute indicate an increase of 4.5 million barrels in the oil stockpile during the week ended October 21, data from the U.S. Energy Information Administration (EIA) today is a key number to keep track of.
Conversely, U.S. natural gas fell by 0.12% to $5.606 today. In the meantime, pipeline and supply challenges from the Permian Basin continue to impact prices in West Texas.
Here are related tickers for this article:
- Energy Select Sector SPDR Fund (XLE)
- United States Oil Fund LP (USO)
- ProShares Ultra Bloomberg Crude Oil (UCO)
- Exxon Mobil (XOM)
- Chevron (CVX)
- Occidental Petroleum (OXY)
- United States Natural Gas Fund LP (UNG)
- Cheniere Energy (LNG)
Read full Disclosure
