Ongoing military escalation around the Strait of Hormuz has sharply disrupted maritime traffic through one of the world’s most critical energy and cargo corridors, forcing carriers and commodity traders to […]
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Category: Crude Oil
Crude Oil Market News & Prices | Global Supply, Demand & Outlook
Brent Curve Flattens After War Spike: Crude Oil Corrects but Risk Premium Persists
Brent and WTI futures corrected sharply on 1 April, but the entire curve remains deeply backwardated with front-month Brent still around triple digits in USD, reflecting a persistent geopolitical risk […]
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Oil Curve Flattens as Front-End Retreats from Triple-Digits
Front-month crude oil futures have corrected sharply from recent highs, with the WTI and Brent curves easing but remaining firmly backwardated, signalling still-tight nearby balances despite softer sentiment. The complex […]
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Hormuz Crisis Deepens as Iran War Hits Gulf Shipping and Food Import Routes
The monthlong U.S.-Israel war with Iran and Tehran’s tightening grip on the Strait of Hormuz are now spilling directly into commercial shipping, with a Kuwaiti oil tanker hit off Dubai […]
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Oil Curve Signals Crisis Peak: WTI Backwardation and Diesel Strength
Crude oil is trading in a crisis-driven spike with front-month WTI back above USD 100/bbl and Brent in the mid-110s, while the futures curve already discounts a gradual normalization over […]
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WTI and Brent Surge into Steep Backwardation as War Risk Reprices Oil
Crude oil futures have repriced sharply higher at the front of the curve, with May WTI near USD 100/bbl and May Brent around USD 113/bbl, while long-dated contracts remain anchored […]
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Crude Oil Spikes on Hormuz Crisis: Backwardation, Risk Premium and Diesel Shock
Oil prices are surging on an extreme geopolitical risk premium, with front‑month WTI and Brent sharply higher and the curve in steep backwardation, signalling acute near‑term tightness and elevated supply […]
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Strait of Hormuz War Chokes Gulf Oil Flows, Roiling Energy and Food Commodity Costs
Escalating conflict around the Strait of Hormuz has severely disrupted oil and product flows from the Persian Gulf, pushing Brent crude toward recent highs near $120 per barrel and driving […]
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India’s Sharp Excise Duty Cut and New Fuel Export Taxes Reshape Energy Cost Curve for Agri Supply Chains
India’s sudden cut in central excise duty on petrol and diesel and the parallel imposition of new export taxes on diesel and aviation turbine fuel (ATF) mark a major intervention […]
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Oil Futures Retreat from War Highs but Forward Curve Stays Firmly Backwardated
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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