Brent-WTI Spread Flips to Contango as Hormuz Supply Climbs
The Brent-WTI crude oil spread inverted into contango as surging supply from the Strait of Hormuz outstripped demand, reshaping term structure dynamics.
The Brent-WTI crude oil spread inverted into contango as surging supply from the Strait of Hormuz outstripped demand, reshaping term structure dynamics.
Oil benchmarks slipped as the resumption of tanker crossings through the Strait of Hormuz after peace talks removed a key supply-risk premium.
Asian crude demand retreats after a buying surge, signaling softer near-term physical markets and bearish pressure on global oil benchmarks.
Russian oil exports hit a 2026 high, coinciding with an Iran sanctions waiver that threatens to add more supply and pressure crude…
Iran's struggle to diversify oil buyers beyond China signals limited near-term supply relief for global crude markets, as sanctions risks deter new…
Iran's diplomatic push to attract Asian oil buyers following a US sanctions waiver signals increased crude supply, adding downward pressure on oil…
U.S. waives Iran oil sanctions after productive talks, potentially boosting global crude supply and weighing on oil prices.
The U.S. greenlit Iranian oil exports to facilitate a ceasefire, sending crude prices lower and lifting risk appetite across equity markets.
Iranian crude discounts deepen as record Hormuz shipments flood the market, weighing on global oil benchmarks and widening the Brent-Dubai spread.
Iran's oil exports leap as seven supertankers depart following blockade removal, raising concerns of oversupply and pressuring crude prices.
A surge in Persian Gulf crude production is set to test Asian demand, pushing oil prices lower as supply outpaces consumption. Asian…
Supertankers hauling 80 million barrels of crude approach the Strait of Hormuz, amplifying supply risk and lifting oil prices.