Brent Crude
102.55USD
+0.1% on the session
Daily close ·Loading intelligence briefing
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102.55USD
+0.1% on the session
Daily close ·113.96USD
-5.0% on the session
Daily close ·92.93USD
+0.1% on the session
Daily close ·+9.62USD
+0.02 on the session
Daily close ·Seaborne crude against landlocked. Widening on a day with no demand story is a maritime signal.
+11.37USD
-3.32 on the session
Daily close ·Physical spot over the deferred future. A positive, widening premium is backwardation — a chokepoint crisis pricing into prompt barrels before a transit count can show it.
Daily transits against each waterway’s own pre-collapse normal (Jul 2025 – Jan 2026). Observations as of .
-95.6%
-48.4%
-20.2%
-8.8%
-1.2%
-1.0%
Return shortly for the next published assessment.
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