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Crude Is Little Changed

OIL

WTI and Brent hover around unchanged levels after a choppy Wednesday session which ultimately saw the major benchmarks finish within relative touching distance of their previous mark to market levels. Hurricane Laura is still eyed, although there was no further shut ins around the Gulf on Wednesday, per BSEE. Elsewhere, the DoE noted that it will deploy reserves from the SPR if needed, while the latest DoE inventory report had nothing in the way of a meaningful impact on prices.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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