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Strait Talk

At this point, we had begun to see prices hit resistance at very high levels, which has fanned concerns of demand destruction in Europe.....
Published: April 21, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
Reviewed by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
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What a week to be long Dated Brent! The North Sea physical differential shed over $6 on 17 April (as per The Officials), alongside the M1 Brent futures contract breaking below $90/bbl for the first time since 10th March. At this point, we had begun to see prices hit resistance at very high levels, which has fanned concerns of demand destruction in Europe.....

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