#contango

Last 7 Days 📉 Bearish 📉1 📊1

Last 30 Days 📉 Bearish 📉1 📊1

🏭 Commodities USOIL 📊 Neutral

The Physical Oil Squeeze Eases for Now as Buyers Back Away

May 11, 2026 (2 days ago)

Physical oil buyers backed away, easing the squeeze and dragging prompt futures lower — a bearish short-term signal for crude.

→ Physical buyers retreat from spot oil purchases, removing a key source of demand pressure.

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🏭 Commodities USOIL 📉 Bearish

May 8, 2026 (4 days ago)

China’s strategic oil release injects 500,000 b/d of crude, flipping Brent below $75 and pressuring WTI despite OPEC+ curbs.

▼ NDRC orders 15-million-barrel SPR release, adding 500,000 b/d

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