Brent Crude
109.86USD
+3.7% on the session
Daily close ·Loading intelligence briefing
The requested briefing is being assembled.
The requested briefing is being assembled.
No public intelligence alerts are active.
109.86USD
+3.7% on the session
Daily close ·126.55USD
+0.6% on the session
Daily close ·99.02USD
+1.1% on the session
+10.84USD
+2.89 on the session
Daily close ·Seaborne crude against landlocked. Widening on a day with no demand story is a maritime signal.
+20.49USD
+0.40 on the session
Daily close ·Physical spot over the deferred future. A positive, widening premium is backwardation — a chokepoint crisis pricing into prompt barrels before a transit count can show it.
Daily transits against each waterway’s own pre-collapse normal (Jul 2025 – Jan 2026). Observations as of (7 days behind — within normal PortWatch cadence).
-94.2%
-39.6%
-16.8%
-5.6%
-2.5%
+3.0%
Return shortly for the next published assessment.
Regional desk
No regional wires are active.