Paper Crude Sold the Corridor. Distillates Are Still 14% Light
WTI is holding near $82.70 after a roughly $5 Hormuz giveback as Iran-Oman corridor talks unwind the war premium. Distillate stocks sit 14% below the five-year average; gasoline is 6% light. Copper faded a $6.78 record; gold consolidates near $4,606 into Warsh's Jackson Hole keynote.