Industry
Hormuz Stalemate Keeps Brent Near $86 With a $100 Risk Case in the Forecasts
The EIA has lifted its third-quarter Brent forecast by $11 to about $85 a barrel, while Rabobank now sees $90 for both the third and fourth quarters of 2026.
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Industry
Brent Climbs 24 Percent In July As Chokepoint Disruption Reprices Oil
Brent crude rose 24 percent in July and WTI gained 21 percent as tanker disruption in the Strait of Hormuz and threats in Bab el-Mandeb pushed shipping data to the centre of oil price formation.
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