Hormuz
Read →Hormuz escalation: what does it mean for WTI?
Recent tensions around the Strait of Hormuz are pushing risk premiums higher. We analyse the futures curve and geopolitical scenarios.
Analysis
All publications
In-depth pieces on markets, geopolitics and the Strait of Hormuz.
Market
Read →Backwardation vs. contango: reading market signals
The WTI futures curve tells a story about supply, demand and storage capacity. Here's how to interpret the structure.
Geopolitics
Read →Sanctions & tanker routes: the quiet shift
Shadow fleet, route diversions and insurance premiums — how Iran and its adversaries are reconfiguring logistics.
Analysis
Read →OPEC+ production decision: expectations vs. reality
The next meeting approaches. We break down production quotas, compliance and the cartel's price targets.