EnergyHighConfirmedAccelerating
9.6
Oil Surges Past $108 as Middle East Conflict Threatens Supply
Valor Econômico·SA · LY·4 days ago
WTI crude fell 1.78% to $103.95/barrel after a report showed an increase in US oil reserves. The inventory build signals softer near-term demand or ample supply, pressuring prices. This is a routine market reaction to weekly inventory data, with no indication of a major shift in supply-demand balance.