Brent December futures set at crisis highs, Rory Johnston notes

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13.05.2026

Brent December futures set at crisis highs, Rory Johnston notes — Brent futures reach crisis highs

Rory Johnston observes that Brent crude futures for December 2026, December 2027, and December 2028 are currently at crisis highs. This trend reflects the ongoing upward movement in the crude curve as initial panic-buying has eased and inventories continue to decline.

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Johnston recently highlighted that global buyers are paying higher prices for American oil than U.S. consumers, a factor likely contributing to continued stock draws. He also analyzed the impact of Strait of Hormuz turmoil on oil markets. These observations come as inventories tighten and longer-dated crude futures climb.

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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