Brent Bias : ~$93/bbl | Weekly move: ~+5% | Bias: Limited Bullish upside, watch correction signals ahead
Brent above $90 is no longer just pricing the Hormuz shock—it is increasingly pricing its duration. With the MOU nearing expiry and no deal in sight, restricted Hormuz flows, falling Russian loadings and extreme diesel cracks keep the barrel balance bullish.…
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