$20-a-Barrel Freight: The Hidden Tax Eating the $116 Oil Rally
Goldman Sachs reports crude freight rates hit $20/barrel - up 567% in 12 months. Brent at $116 looks like a windfall. The physical market tells a…
Kingdom Exploration · Market Intelligence
Daily analysis of the forces moving crude — supply, geopolitics, and the numbers behind the headlines.
5 articles Updated every morning
Goldman Sachs reports crude freight rates hit $20/barrel - up 567% in 12 months. Brent at $116 looks like a windfall. The physical market tells a…
U.S. diesel crack spreads hit a record $100/barrel while Brent trades near $85. History says crude futures always catch up to physical markets - not the…
Indian state refiners are panic-buying spot crude far in advance while September WTI sits at $81.19. One of those signals is catastrophically wrong…
Brent slipped despite Hormuz closure and 135M stranded Russian barrels. EIA confirms U.S. inventories fell 1.7M barrels. The physical market tells a…
Citi says Brent hits $60 by year-end. EIA shows refineries at 96.1% capacity. U.S. inventories are falling. The physical market is calling the bluff…
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