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Rory Johnston: Brent crude rises over $4 as December 2026 contract surges

Rory Johnston: Brent crude rises over $4 as December 2026 contract surges
Brent crude surges as timespread widens

Rory Johnston reports that Brent crude prices increased by more than $4 per barrel today based on the current prompt December 2026 contract.

He also notes that the prompt Brent timespread climbed approximately $1 to around $4 per barrel.

Johnston previously reported Brent crude dropping below $100 per barrel for the first time since a pipeline attack, as new diplomatic actions emerged (link). He has also noted record-high diesel crack spreads that pushed U.S. diesel prices to parity with Brent crude (link). Recent reports add further context to ongoing price shifts in oil 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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