Brent crude oil
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WTI and Brent Forecast: Oil Pulls Back as Supply Fears Ease
FXEmpire· 2026-09-16 22:24
The Brent market looks very much the same. The inflation situation is kind of a feedback loop here. Brent looks very much like a market that is going to continue to watch the Saudi Arabia story.The physical market is starting to show stress. European refiners are searching for replacement barrels after the Saudis have canceled some shipments. Norway is starting to see an unusually large premium to its stockpiles of oil, so that continues to be an issue as well.This is more or less an EU problem. Still, oil ...