Supply tightness from Russia’s invasion of Ukraine pushed Brent’s intermonth spreads to $4.82/bbl on July 22, the widest backwardation on record when excluding expiry-related peaks in the last two months. This post appeared first on Hart Energy.
Supply tightness from Russia’s invasion of Ukraine pushed Brent’s intermonth spreads to $4.82/bbl on July 22, the widest backwardation on record when excluding expiry-related peaks in the last two months. This post appeared first on Hart Energy.