​WTI Holds Gains After Gasoline Stocks Hit 2-Year-Low (As Pump-Prices Plunge?) – Tyler Durden

WTI Holds Gains After Gasoline Stocks Hit 2-Year-Low (As Pump-Prices Plunge?) Oil prices are higher this morning after a two-day decline on the possibility of more attacks in the Middle East and potentially tightening US crude stockpiles. While one Israeli minister suggested that the war with Hezbollah could be over by year-end, the country’s military chief vowed to strike Iran “very hard” should the OPEC producer launch another attack. “We think the oil market has relaxed too quickly,” Standard Chartered analysts including Emily Ashford said in a note. “We see the risk of an escalating series of attacks over an extended period, with no…  — Continue at ZeroHedge News : Read More