Oil market tightens on tanker attacks, inventory draws
Brent crude rose above $106 as Iran intensified attacks on tankers in the Strait of Hormuz, global inventories drained, and OPEC forecast stronger demand for next year.
Original · OilPrice.com AI summary of public reporting
Why: Tanker attacks and inventory draws tighten supply → oil rises
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At publication → CurrentBRENTOIL103.26 → 102.86−0.4%
CL93.74 → 93.43−0.3%