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Contang-oh no!

Nevertheless, the Strait of Hormuz is open, and thus, oil shall flow.....
Published: June 25, 2026
Written by:
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
,
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
and
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
16 page report
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Brent futures slipping into contango on the same day the EIA reports a decline in US crude oil inventories (commercial and SPR) to its lowest since 1984 was definitely not on our bingo list....

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Written by

Martha Dowding

Research Associate, Flux
Martha Dowding

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Vincent Wu

Research Associate, Flux
Vincent Wu

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