Crude Markets
WTI gains 6.46% on week as US crude draw outweighs supply relief
A larger-than-expected US inventory decline supported WTI buying as emergency reserve releases competed with shipping risks around Hormuz.
Newsdesk2 min readAggregated
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Crude Markets
Benchmarks, differentials, spreads and physical crude flows.
Crude Markets
Emergency oil releases deepen concerns over shrinking supply buffers
Further emergency crude and fuel releases are raising questions about stock depletion as disruption at the Strait of Hormuz persists.
Newsdesk2 min readAggregated
Crude Markets
Brent tops $102 as Hormuz tanker attacks and US storm risk lift oil
Crude prices rose as reported attacks disrupted Hormuz traffic and US Gulf of Mexico operators began shutting in output ahead of a potential hurricane.
Newsdesk1 min readAggregated
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