The U.S. Energy Information Administration will begin publishing new quarterly energy security datasets on May 13 covering global strategic petroleum reserves and shipping flows through key oil and LNG chokepoints, as ongoing disruption in the Strait of Hormuz continues to reshape global energy markets.
Crude oil prices moved lower today, after the U.S. Energy Information Administration reported a sizeable inventory build of 8.7 million barrels for the week to November 17.