API Reports 9M-Barrel Build While Hormuz Sits at Six Ships
API reported a 9.072M-barrel crude build for week ending Aug 7 - 18x above consensus - while Hormuz traffic fell to 6 vessels. One number is lying…
Kingdom Exploration · Market Intelligence
Daily analysis of the forces moving crude — supply, geopolitics, and the numbers behind the headlines.
2 articles Updated every morning
API reported a 9.072M-barrel crude build for week ending Aug 7 - 18x above consensus - while Hormuz traffic fell to 6 vessels. One number is lying…
OPEC+ freezes quota hikes through year-end while Jazan goes dark, Cushing hits tank bottoms, and U.S. crude draws 3.3M barrels…
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