Energy · 27 views
Oil Market Tightens as Tanker Attacks and Inventory Draws Mount
What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… Brent crude is once again over $106, Iran is intensifying attacks on tankers in…
Summary
What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… Brent crude is once again over $106, Iran is intensifying attacks on tankers in Hormuz, and global inventories are draining, while OPEC just forecast stronger demand for next year. Six months ago, one well-timed TruthSocial post by President Trump would have calmed traders down. Now, this no longer works as fundamentals trump talk.
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