After Iran called for an embargo against Israel amid the Israeli-Hamas war on 18 Oct (Wednesday), we saw a drop in US stockpiles by 4.5 millions barrel.
WTI crude oil prices went up from $82.91 on 12 Oct to $88.09 on 18 Oct. Last week prices jumped on worries that a disruption to Iran's output of roughly 3.2 million barrels per day would impact the global price of crude.
Data is taken from Energy Information Administration's...