The tweet was deleted by the author.
But we saved everything 🙂.
Dated Brent trades on speculation, Rory Johnston notes
Rory Johnston highlights challenges with displaying the Bloomberg Dated Brent ticker, emphasizing that charting this metric may reveal the market is driven more by sentiment than fundamentals.
The post points out that recent price movements in Dated Brent suggest significant influence from speculative factors.
Johnston previously estimated that a Kuwaiti VLCC attack could move WTI crude prices by $1 to $1.50 per barrel, highlighting the impact of geopolitical incidents on oil benchmarks (link). He also covered crude oil reaching a nominal record high above $144.22 per barrel, noting it remained below the inflation-adjusted peak (link). These reports track key drivers behind recent oil market movements.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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