Brent Has Found an 'Uneasy Equilibrium,' StanChart Says
Bloomberg Television·2026-05-11 12:59
Does the pricing make sense given that continued uncertainty that you've just highlighted. Yeah, Brent seems to have found a sort of uneasy equilibrium at the moment between 100 and 105. And what's interesting is that its reaction to headlines has been notably dampened over the past few days.Perhaps where we've seen some interesting moves is in the cost of real world cargoes. So we have seen an easing in the premiums for some of those North Sea grades, which have been falling back towards pre-war levels and ...