Oil Faces Hormuz Attacks and Hurricane Risks
Michelle Brouhard of Kpler said crude prices remain high as freight rates are 100 times higher than last year due to heightened risks in getting oil out of the Middle East, with the oil industry contending with Hormuz attacks and hurricane risk.
Original · Bloomberg AI summary of public reporting
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At publication → CurrentBRENTOIL102.48 → 102.21−0.3%
CL91.23 → 91.19−0.0%