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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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Our reports are now part of The Officials, and available exclusively on the Flux platform. Existing customers can Login to Flux to access them, or you can visit The Officials to sign up for free trial access.

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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