Insights

Brent bias: Big East West pipeline headline, smaller barrel loss. Price upside limited?

By the XAnalysts team

Members

Commodity
Crude
Market Hub
Brent
Price Indicator
Flat Price
Time Period
Immediate to 1 week
Market Impact
Bearish from here

Brent’s retreat from the post-attack peak is telling. The East-West pipeline attack looked severe on headline capacity, but the incremental barrels actually at risk are likely much smaller . Saudi flows were already shifting east through Hormuz, Jizan’s…

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