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 01

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Issue 01 The Deficit Outlasts Any Deal Depleted inventories mean high prices outlast any ceasefire. The math does not forgive. May 18, 2026