Futures Movers: Oil futures fall as EIA reports a rise in weekly U.S. gasoline supplies

United States

Oil futures declined on Wednesday, pulling back following a three-session climb, after the U.S. government reported a modest weekly fall in domestic crude supplies, but said gasoline inventories climbed by more than three million barrels.

Meanwhile, Russian President Vladimir Putin signaled that natural-gas flows to Europe will resume via the Nord Stream pipeline but could continue to see curbs unless a dispute over sanctioned parts is resolved.

Price action
Market drivers