Motorists and deliveries are expensive right now🤯🤯🤯, but the REAL PRICE OF OIL IS MUCH HIGHER THAN YOU THINK.
Physical Brent crude has soared above $154 a barrel, reaching its highest level since records began in 1991😱😱‼️‼️
The gap between physical oil prices and Brent futures has widened to a record $50+ per barrel—another crisis.
Buyers are paying enormous premiums to secure immediate oil supplies, as disruptions in the Strait of Hormuz and a shortage of tankers continue.
This shows just how serious the global oil supply situation has become. The old orange-haired grandpa started firing cannons, then made the comedian from that country—the one that had been living peacefully and is weaker—the fall guy, because it can't do anything.
$BZ $CL
Physical Brent crude has soared above $154 a barrel, reaching its highest level since records began in 1991😱😱‼️‼️
The gap between physical oil prices and Brent futures has widened to a record $50+ per barrel—another crisis.
Buyers are paying enormous premiums to secure immediate oil supplies, as disruptions in the Strait of Hormuz and a shortage of tankers continue.
This shows just how serious the global oil supply situation has become. The old orange-haired grandpa started firing cannons, then made the comedian from that country—the one that had been living peacefully and is weaker—the fall guy, because it can't do anything.
$BZ $CL