EnergyHighCorroboratingAccelerating
8.5
WTI crude hits $104 as Red Sea conflict intensifies, highest since May
El Nacional·US · YE·3 days ago
EIA data shows a 600k barrel draw in US crude inventories, contrary to API's reported build, leaving stocks 1% above the five-year average. Softening fuel demand signals potential bearish pressure on oil prices despite the draw.