Miner Company
The Real Price Of Oil Is Not What You Think
Physical oil prices are at $112/barrel, much higher than paper oil, and signaling acute supply stress from the ongoing U.S.–Iran conflict. The closure of the Strait of Hormuz has created an unprecedented breakdown in the global energy supply chain, driving a persistent $17 premium in physical oil.
Physical oil prices are at $112/barrel, much higher than paper oil, and signaling acute supply stress from the ongoing U.S.–Iran conflict. The closure of the Strait of Hormuz has created an unprecedented breakdown in the global energy supply chain, driving a persistent $17 premium in physical oil.