The oil market’s bullish structure is fading fast as prices tank
10 September 2024
Time to read: minutes
“Physical crude prices — those for barrels in the real world — have held up in the face of the recent rout in the futures market”, according to Sparta Analyst, Neil Crosby.
Bloomberg, September 10, 2024 – According to Sparta, physical crude prices have managed to hold up despite the recent downturn in the futures market.