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Rory Johnston, industry influencer, provides weekly summaries and analysis on flat crude prices, calendar spreads, high-frequency inventories, refined products, and positioning data.
Johnston also shares insights on themes that he is following closely in the oil markets.
Johnston previously tracked when crude oil prices hit a new nominal all-time high above $144.22 per barrel, while noting that the inflation-adjusted peak remains higher (link). He also reported that Brent prompt timespread backwardation recently exceeded $10 per barrel, reaching a record level (link). These benchmarks add context to his recent analysis of current oil market activity.