
EIA Crude Inventories Draw 0.4M vs Forecast 1.4M Draw
EIA crude inventories drew 0.4M for the week ending September 4, versus a 1.4M draw forecast and a 4.5M prior draw — a smaller-than-expected decline.
Saudi Aramco’s Jizan oil facilities were hit on Monday, the Financial Times reported citing sources. WTI surged back above $90 to about $90.40 (+1.27%). Hormuz is not reopened.

Saudi Aramco’s oil facilities in Jizan were hit on Monday, the Financial Times reported citing sources. The extent of the damage is being assessed.
West Texas Intermediate accelerates back above $90, gaining about 1.27% and trading around $90.40 at the time of writing on that page, after trading below $90 before the strike headlines.
This is a fresh Monday strike on Red Sea–adjacent Jizan facilities per FT, separate from the older July/August Houthi outage tape. Weekend Hormuz tanker and earlier WTI Asian / WTI EU notes remain separate URLs. Hormuz is not reopened.
Iraq’s Basra sales struggle after SOMO cut discounts $9–$10/bbl is a separate Monday oil note — Hormuz is not reopened.
WTI’s climb to $91.15, highest since July 24 is a separate late-session tape — distinct from this EU/Asian WTI / Jizan / tanker note. Hormuz is not reopened.
Qatari LNG tanker Al Marrouna’s rare Hormuz exit attempt is a separate laden-LNG tape — distinct from this tanker / WTI / Basra / Jizan note. Hormuz is not reopened.
WTI’s Asian slip to ~$90.40 / below $90.50 is a separate Tuesday Asia tape — distinct from Monday’s $91.15 / Jizan / Al Marrouna / tanker notes. Hormuz is not reopened.
Kuwait’s ~1M b/d export recovery via Hormuz and STS is a separate Gulf-flow tape — distinct from this Basra / LNG / WTI / CAD / tanker note. Hormuz is not reopened.
Also see: WTI Advances Above $92.00, Highest Since July 23, as Hormuz Tensions Stoke Supply Concerns.
Also see: Houthi Attacks Halt Saudi Energy Operations, Wound 73; Brent Hits $98.
Also see: CENTCOM Destroys 5 More IRGC Crude Carriers After Missile Attacks on US Warship.
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EIA crude inventories drew 0.4M for the week ending September 4, versus a 1.4M draw forecast and a 4.5M prior draw — a smaller-than-expected decline.

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