Oil Price Rise on Expectations of Declining U.S. Inventories: Oil prices rose, halting several losses that lasted several sessions.
They rose on expectations of declining U.S. crude and gasoline inventories despite concerns about weak global demand amid a slowing economic recovery in China.

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Ethereum Funds
Oil prices

Russia’s oil production

$107 Million Flows into Ethereum Funds on First Day of Trading in the U.S.

According to Bloomberg data, the first U.S. exchange-traded funds
investing directly in the Ethereum cryptocurrency recorded a net inflow of $107 million after their official launch on Tuesday.

The “iShares Ethereum Trust” by BlackRock achieved the highest total of $267 million,
followed by “Bitwise Ethereum” at $204 million, and then “Fidelity Ethereum Fund” at $71 million.

Oil Price Rise on Expectations of Declining U.S. Inventories

Oil prices rose, halting a series of losses that lasted several sessions.
They rose on expectations of declining U.S. crude and gasoline inventories
despite concerns about weak global demand amid a slowing economic recovery in China.

Russia’s Oil Production Approaches OPEC+ Agreed Quotas

Russian Deputy Prime Minister Alexander Novak stated that
Russia’s oil production is approaching the quotas agreed upon with the OPEC+ group without providing details on the production volume.

Russia admitted last month that its oil production in May exceeded
the quotas set by the OPEC+ group but pledged to meet its commitments.

Oil Prices Rise on Expectations of Declining U.S. Inventories

Oil Price Rise on Expectations of Declining U.S. Inventories

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