WS #14043
Holding: newest synthesis is 83d 8h old
Oil fell ~2% despite ADNOC vessel attacks in Hormuz and US indefinite blockade threat, as US crude build and IEA/OPEC demand cuts dominate; supply risk premium fading but diesel cracks at record highs.
Oil decoupling from Hormuz risk
Oil fell ~2% despite ADNOC vessel attacks in Hormuz and US indefinite blockade threat, as US crude build and IEA/OPEC demand cuts dominate; supply risk premium fading but diesel cracks at record highs.