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…
Crude Traders Split on Whether the Glut Has Arrived
Predictions of an oil glut have dominated oil market reporting for months. Bloomberg this week suggested the first…