Rory Johnston: Brent crude futures curve shifts notably over past month

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Brent crude futures curve shifts sharply

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Artem Shendetskii

23.07.2026

Rory Johnston: Brent crude futures curve shifts notably over past month — Brent crude futures curve shifts sharply

Rory Johnston highlights the notable movements in the Brent crude futures curve.

The curve's current shape is compared to its positions from a week and a month ago, illustrating significant shifts in the oil market.

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Earlier, Johnston reported that U.S. commercial petroleum inventories remained stable while crude stocks fell by 6.1 million barrels. He also covered how Chinese refiners canceled crude oil deals amounting to at least 6 million barrels. These developments have contributed to recent attention on shifting oil supply and demand.

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