Crude oil finished the week higher as inventory data pointed to a gradually tightening physical market. The move lacked the drama of the technology rally, but energy shares quietly outperformed as spot prices strengthened. Refinery utilization is rising into the summer driving season while product demand remains steady. At the same time, producer discipline has limited the supply response to higher prices. Those conditions have reduced excess inventories without creating an acute shortage. The central question is whether demand can absorb additional barrels later in the year. Global manufacturing remains uneven, and a stronger dollar could restrain purchasing power outside the United States. Geopolitical disruptions add another layer of uncertainty but should not substitute for monitoring physical balances. For now, the setup favors a firm rather than explosive market. Continued inventory draws would support producers and oilfield services companies, while a reversal in gasoline demand would quickly challenge the bullish case.