Oil Prices Jump $3 After EIA Shows Drop in US Fuel Stocks, Reports Gunfire Hits Container Ships in Hormuz

Oil prices jumped by more than $3 on Wednesday after a surprise gasoline and distillate stock draw in the U.S., and prices got a further boost from reports of gunfire attacks on at least three container ships in the Strait of Hormuz and a lack of progress in peace talks between the U.S. and Iran. […] The post Oil Prices Jump $3 After EIA Shows Drop in US Fuel Stocks, Reports Gunfire Hits Container Ships in Hormuz appeared first on GV Wire.

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