Oil prices remain elevated, with near-$8 a barrel prompt spreads signaling an ongoing physical supply deficit, Ryan Detrick says. More than 200 days after the war began, crude has stayed firmer than expected despite continued flows through Hormuz.
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Oil prices remain elevated, with near-$8 a barrel prompt spreads signaling an ongoing physical supply deficit, Ryan Detrick says. More than 200 days after the war began, crude has stayed firmer than expected despite continued flows through Hormuz.
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