Brent Futures Flip to Backwardation as Middle East Supply Risks Return
The Brent Crude futures curve flipped into backwardation this week, signaling expectations of tight prompt supply for the…
Dubai and Murban Crude Signal End of Middle East Supply Crunch
The benchmark crude grades of the Middle East have slumped this week as the U.S.-Iran deal raises hopes…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…