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MonitoringEconomic· Active since 18 May 2026

European Oil Markets

1 updates · 57 entities · 0 days active

Current Assessment

The trade is in the disconnects: every stabiliser has exited or broken down simultaneously.

#1
18May17:30

GL 134B out, Rotterdam dark, OPEC+ pending

Three independent squeezes land in one fortnight: OFAC's GL 134B waiver expired 16 May, BP Rotterdam's 400kbd is dark on both crude units, and OPEC+ meets 7 June after a seven-member 188kbd June hike. Brent-Dubai EFS sits above $6/bbl. The trade is in the disconnects, not the headline price.

GL 134B out, Rotterdam dark, OPEC+ pending
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