Crude oil futures have fallen for three consecutive sessions: market shifts focus towards supply and demand dynamics.

date
17/07/2025
Crude oil futures fell for the third consecutive trading day. Previously, the market was focused on concerns related to U.S. tariffs and Russian sanctions, but now attention has shifted back to supply and demand balance issues. Traders are waiting for the weekly inventory data to be released by the U.S. Energy Information Administration. Analysts predict that after two consecutive weeks of significant unexpected inventory increases, crude oil inventories may remain unchanged this week, while gasoline and distillate inventories may decrease slightly.