Brent $103.94 -3.71% WTI $98.20 -4.12% Henry Hub $2.998 -0.66% EUR/USD 1.0892 +0.18% Latest issue Brent at $87. The Reopening Is the Bearish Catalyst, Not the Relief Rally. Live Brent $103.94 -3.71% WTI $98.20 -4.12% Henry Hub $2.998 -0.66% EUR/USD 1.0892 +0.18% Latest issue Brent at $87. The Reopening Is the Bearish Catalyst, Not the Relief Rally. Live

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issue Brent at $87. The Reopening Is the Bearish Catalyst, Not the Relief Rally. Brent fell to a three month low with Hormuz still shut. The reopening everyone fears is the bearish catalyst, not the relief rally. Jun 15, 2026 Issue 04 The Strait Is Shut. Beijing Is Why Oil Still Cannot Break $100. Europe's energy bill is now hostage to Chinese demand, not Gulf supply. Jun 8, 2026 Issue 03 The Market Priced a Deal. Trump Did Not Sign It. Brent at $92 prices the best case. The best case has not happened. Jun 1, 2026 Issue 02 Oil Is Near $104. The Demand to Justify It Is Already Gone. The supply shock has a shorter shelf life. Demand was already falling before Hormuz reopens. May 25, 2026 Issue 01 The Deficit Outlasts Any Deal Depleted inventories mean high prices outlast any ceasefire. The math does not forgive. May 18, 2026