WTI Holds Gains Despite Biggest SPR Drawdown In 45 Year History, Production Jumped
WTI Holds Gains Despite Biggest SPR Drawdown In 45 Year History, Production Jumped Oil prices are higher this morning (extending its 8%-plus surge of the last three days) as Middle East tensions simmer and global stockpiles shrink at a record pace. WTI topped $103 and Brent crude.
Expanded Context
Brimstone Report is tracking this as a curated economy & markets brief. The source report from ZeroHedge says: WTI Holds Gains Despite Biggest SPR Drawdown In 45 Year History, Production Jumped Oil prices are higher this morning (extending its 8%-plus surge of the last three days) as Middle East tensions simmer and global stockpiles shrink at a record pace. WTI topped $103 and Brent crude.
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Key Facts
- Primary source: ZeroHedge
- Published: May 13, 2026, 2:37 PM UTC
- Coverage area: Economy & Markets
- Brimstone role: curated summary, explanation, and source attribution
- Topic signals: developing story metadata
Timeline
- Source published: May 13, 2026, 2:37 PM UTC
- Brimstone indexed: Added to the curated Brimstone feed and linked to related coverage.
- Next update to watch: Additional sourcing, official confirmation, court or agency records, or follow-up reporting.
Source Attribution
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