Oil's Thursday jump highlights an unresolved risk premium
Brent's rise last week followed a Houthi claim and a stockpile draw, but both remain part of a pattern rather than a new trigger
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Chart: USO, a fund that tracks crude, one-minute prices, three sessions
The move reversed a recent slide that had pushed the benchmark below $100 a barrel, though it stayed short of the $108 range reached at the peak of Middle East tensions.
Saudi Arabia has not confirmed the attack, and tankers had yet to load at the port of Yanbu, even as Aramco said flows could resume soon.
A decline in US crude stockpiles added to the upward pressure on prices that day. Neither the geopolitical claim nor the inventory drop marks a fresh catalyst: both have been recurring features of oil's trading range in recent months, and the near-term direction for prices remains unresolved.