Crude oil futures have pulled back 2–3% across the front of the curve but remain deeply backwardated, signalling persistent near-term tightness despite easing war premiums. Refined products, especially low-sulphur gasoil, […]
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Category: Crude Oil-en
Oil Spikes on Gulf War Jitters but Pulls Back as Ceasefire Hopes Emerge
Brent and WTI futures surged on Tuesday on fears that Saudi Arabia and the UAE could be drawn directly into the war against Iran, but prices later eased as markets […]
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Trump Orders Five-Day Pause on Iran Power Plant Strikes, Easing Immediate Oil Supply Fears
Trump Orders Five-Day Pause on Iran Power Plant Strikes, Easing Immediate Oil Supply Fears U.S. President Donald Trump has ordered a five-day suspension of planned strikes on Iranian power plants […]
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Brent above €100, WTI backwardation steepens as war risk collides with demand fears
WTI and Brent are trading in pronounced backwardation, with front-month contracts holding above the mid‑90s USD for WTI and low‑110s for Brent, as war‑related supply risk and strong distillate cracks […]
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Brent Curve Spikes into Backwardation as Hormuz Crisis Tightens Nearby Supply
Brent and WTI futures remain sharply higher and in steep backwardation as the Strait of Hormuz crisis and the Iran war tighten prompt supply despite a record IEA reserve release. […]
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Middle East Energy Strikes and Hormuz Disruption Push Fuel Costs Higher for IR and QA Food Chains
Oil and gas prices have jumped sharply after Iranian missile strikes severely damaged Qatar’s Ras Laffan LNG complex and as tanker traffic through the Strait of Hormuz has plunged, raising […]
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Oil Spike Turns into Backwardated Rally as Iran War Roils Crude Markets
WTI and Brent futures have surged into a steep short‑term backwardation, with front-month contracts trading above USD 100/bbl, driven by war-related disruptions around Iran and the Strait of Hormuz. Despite […]
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Gulf Energy Infrastructure in Crosshairs as Iran War Escalates, Fueling Crude and Gas Market Fears
Escalating military action between Israel, Iran and allied forces has moved decisively onto the region’s energy infrastructure. Strikes on Iran’s giant South Pars gas complex and threats of retaliatory attacks […]
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Crude Oil in Backwardation: Tight Near-Term, Softer Long-Term Outlook
WTI and Brent crude are trading in a steep backwardated structure, with front-month WTI near the mid‑90s USD/bbl and Brent above 100 USD/bbl, while longer maturities fall steadily into the […]
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