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Oil reportedly hit a session high after record-low Midwest gasoline stocks were reported
ZeroHedge says US gasoline stockpiles were at their lowest since November 2014. Separately, one post cites UKMTO on tankers struck by unknown projectiles in the Strait of Hormuz; another says Houthis appear to have struck Saudi Arabia’s Abqaiq oil facility.
TLDR
ZeroHedge reported on September 30 that oil hit a session high after DOE figures showed record-low Midwest gasoline stocks. Its linked summary says US stockpiles fell by 1.68 million barrels. Separately, one post cites UKMTO saying tankers were struck by unknown projectiles in the Strait of Hormuz. Another says Houthis appear to have struck the Abqaiq oil facility and describes satellite imagery it says shows a smoke plume.
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