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LATEST REPORTS
Brent supported near $92/bbl as Trump threatens economic warfare
Trump threatens Iran’s lifelines as Hormuz corridor moves 10mb/d; China buys Iraqi crude, while Ukraine hits Russian oil infrastructure.
Brent sees support on continued supply uncertainty
Oil shipments from Russia's western ports have fallen to 2.3mb/d in 1H August, 15% short of the initial loading plan amid disruptions....
Back to the (Volatile) Futures
There is strong short-term bearish momentum in the Dated physical, but this may lead to prompt structure being oversold...
6 reports
Brent supported above $90/bbl as Iran weighs strikes on military targets in Europe if Trump escalates
Brent trades up to $92/bbl; Iran weighs strikes on US military targets in Europe if war escalates; shipping slows through Strait of Hormuz