A sobering U.S. inventory build failed to dent Brent-era tightness on Wednesday as refineries stay strained. Brazil's Petrobras outperforms on Q2 records.

A sobering U.S. inventory build failed to dent Brent-era tightness on Wednesday as refineries stay strained. Brazil's Petrobras outperforms on Q2 records.

Oil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US and Iran are creating disruptions in…