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Stock impact report

Oil jumps 2% on falling US inventories, drone strikes on Russian refineries [Yahoo! Finance]

BOK Financial Corporation (BOKF) 
Last bok financial corporation earnings: 4/22 07:55 am Check Earnings Report
US:NASDAQ Investor Relations: bokf.com
Company Research Source: Yahoo! Finance
On Tuesday, West Texas Intermediate ( CL=F ) hovered just above the $79 per barrel level while Brent ( BZ=F ), the international benchmark price, traded above $83 per barrel. Crude inventories dropped by 5.52 million barrels for the week ending March 8 versus expectations for a draw of 400,000 barrels, according to data from the American Petroleum Institute (API). Gasoline and distillate inventories also dropped last week, a bullish sign for oil. “Today's rally is keeping the bullish trend alive in crude as supplies are looking tighter and spring fuel demand is beginning to show,” Dennis Kissler, senior vice president at BOK Financial, wrote in a Wednesday note. Escalating drone attacks on Russian refineries stemming from the Ukraine-Russia war over the past two days have also impacted the oil markets. “Not only are crude oil prices rising, but [the attacks] will also curtail Russian diesel exports and perhaps turn them into a gasoline importer. Russian customers need to se Show less Read more
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