Oil settles at highest price in over a week. ‘Oil tanks are getting e… | HappeningNow.news

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Oil settles at highest price in over a week. ‘Oil tanks are getting emptier each week Hormuz stays closed.’

Oil futures settled Wednesday at their highest levels in more than a week, after the EIA reported a sixth straight weekly drop in U.S.

Source MarketWatch AI Summary Updated June 3, 2026
Story intelligence Beta
Freshness Stale Updated June 3, 2026
Confidence Limited Single-outlet story
Coverage Single outlet
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Read time 1 min ~37 words

AI Summary

Oil futures settled Wednesday at their highest levels in more than a week, after the EIA reported a sixth straight weekly drop in U.S. commercial crude supplies and another big draw from the nation’s emergency oil reserve.

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