Why WTI Is Suddenly Trading $12 Below Brent
Oil prices edge higher as Hormuz diplomacy, soaring freight costs and diesel market fears drive a widening Brent-WTI spread. Oil prices are set for a slight 2% weekly gain, despite rumours that this week’s opening of the 2026 UN General Assembly sparked yet another diplomatic push to end Middle East
<p>Oil prices edge higher as Hormuz diplomacy, soaring freight costs and diesel market fears drive a widening Brent-WTI spread. Oil prices are set for a slight 2% weekly gain, despite rumours that this week’s opening of the 2026 UN General Assembly sparked yet another diplomatic push to end Middle East</p>