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Oil Market Has Reached an "Inflection Point": Energy Aspects

Oil Market Has Reached an "Inflection Point": Energy Aspects By Tsvetana Paraskova of OilPrice.com Crude oil prices are poised for further increases and the trending trajectory is higher, as global inventory drawdowns have accelerated and China is back to buying significantly higher crude oil volumes than in the spring, Energy Aspects founder and market intelligence director, Amrita Sen, told CNBC on Friday. The intensified shipping risks in the Middle East with tanker attacks in the Strait of Hormuz and the Houthi threat in the Red Sea are hampering crude oil supply to...
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Sep 1, 2026 / Tyler Durden
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Minecraft, Warcraft, Statecraft
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