U.S. Crude Oil Futures Gain 3.05% to Close at $65.14 Per Barrel

0 min read     Updated on 05 Feb 2026, 01:06 AM
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Reviewed by
Radhika SScanX News Team
Overview

U.S. crude oil futures closed at $65.14 per barrel, gaining $1.93 or 3.05% in the trading session. The positive performance reflects strong momentum in energy markets and indicates favorable sentiment among market participants toward crude oil futures.

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*this image is generated using AI for illustrative purposes only.

U.S. crude oil futures posted solid gains in the latest trading session, with prices settling at $65.14 per barrel. The energy commodity demonstrated strong momentum, advancing $1.93 from the previous close, which translates to a notable 3.05% increase.

Market Performance Summary

The crude oil futures market showed positive sentiment as prices climbed throughout the session. The settlement price of $65.14 per barrel represents a meaningful advance in the energy sector.

Trading Metric: Value
Settlement Price: $65.14/BBL
Daily Gain: $1.93
Percentage Change: +3.05%

Energy Market Dynamics

The 3.05% gain in U.S. crude oil futures reflects the ongoing dynamics within the energy commodity markets. The $1.93 increase per barrel indicates sustained interest from market participants and suggests positive underlying fundamentals supporting crude oil pricing.

The settlement at $65.14 per barrel positions crude oil futures at a relatively strong level, with the daily percentage gain highlighting the commodity's performance in the current trading environment. This price movement contributes to the broader energy sector's market activity and reflects the ongoing supply and demand dynamics affecting crude oil futures trading.

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US Crude Oil Inventories Fall 3455K Barrels, Exceeding Market Estimates

0 min read     Updated on 04 Feb 2026, 09:04 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

US crude oil inventories declined by 3455K barrels, significantly surpassing the estimated decrease of 639K barrels and exceeding the previous week's decline of 2295K barrels. The substantial inventory drawdown indicates continued strong demand dynamics in the US crude oil market.

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*this image is generated using AI for illustrative purposes only.

The United States crude oil inventories recorded a significant decline during the latest reporting period, with actual figures showing a decrease that substantially exceeded market forecasts.

Inventory Data Overview

The latest inventory report reveals key metrics that highlight the current state of US crude oil stocks:

Metric Value
Actual Decline 3455K barrels
Market Estimate 639K barrels decline
Previous Week 2295K barrels decline

Market Performance Analysis

The actual inventory decline of 3455K barrels represents a substantial deviation from market expectations. Analysts had projected a more modest decrease of 639K barrels, making the actual figure significantly higher than anticipated.

Weekly Comparison

Comparing the current week's performance to the previous period shows an acceleration in inventory drawdowns. The previous week had recorded a decline of 2295K barrels, while the current period saw an even larger decrease of 3455K barrels.

This data provides insight into the ongoing dynamics of US crude oil supply and demand patterns, with inventory levels continuing to show notable weekly declines that exceed market projections.

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