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The Marked Chart Wire · Energy
Energy
The American Petroleum Institute reported a 5.267 million barrel drop in US crude stocks, a sharper decline than the 2.1 million barrel decrease analysts had forecast.
New to this? Read: Reading a stock chart
Venezuela Oil
Venezuela shipped 449,000 barrels a day of crude to the United States in October, down from the prior month. Total exports held steady at 1.08 million barrels a day, with shipments to Europe rising to 235,000 barrels a day.
Energy
Saudi Arabia reported a 23 percent decline in oil revenues for the third quarter of 2026.
Oil
Jeff Currie advises selling crude oil positions to lock in gains ahead of the midterm elections, while maintaining that the long-term structural supercycle remains intact.
Saudi Aramco
Saudi Aramco reported a rise in third-quarter profit as higher crude oil and chemical prices offset weak sales volumes.
Oil
Brent crude prices fell by more than $8 per barrel, with WTI crude also declining. Gold and silver prices rose during the same period.
Iran
Brent and WTI crude futures extended their declines, dropping over 6 percent as traders reacted to hopes for a deal ending the Iran war.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.