Crude prices rebound from recent losses, Rory Johnston notes

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22.05.2026

Crude prices rebound from recent losses, Rory Johnston notes — Crude prices reverse earlier decline

Rory Johnston reports that crude prices have reversed their most recent selloff, which was driven by optimism reflected in headlines.

The market appears to be correcting following an initial reaction to optimistic news flow.

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Johnston previously highlighted a rapid turnaround in Brent crude, which swung from a $5 loss to a $2 gain within the same trading day. He has also clarified that declining imports reflect a prior export collapse rather than weakened demand. These earlier updates build on the pattern of sudden moves and shifting narratives in crude markets.

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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