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U.S. Crude Draw Ignites WTI Rally

November WTI crude oil futures rose sharply for the week through Thursday after a U.S. inventory draw outpaced supply relief, amid tanker attacks near the Strait of Hormuz and renewed attacks on Russian facilities.

Original · OilPrice.com AI summary of public reporting

Why: U.S. crude inventory draw → buying pressure on WTI

CL

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At publication → Current
CL95.91 → 95.70−0.2%
BRENTOIL102.78 → 102.52−0.3%
U.S. Crude Draw Ignites WTI Rally | SignalHub