Brent futures are understating physical market stress, analysts at BMI, a unit of Fitch Solutions, said in a BMI report sent to Rigzone by the Fitch Group early Friday. “Recent price action in Brent ...
Brent crude gained 3% to $99/bbl while WTI fell 4% to $92.60 after U.S. strikes on Iranian missile sites and naval assets, a rare divergence from their usual correlation. The split reflects structural ...
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