Global markets

Brent re-tests peak near $126.41; late-month spike

Brent crude re-traced its crisis high to $126.41/barrel in late April. Hormuz shipments cratering from 20mb/d to 3.8mb/d fueled a broader refined-products rally.

Primary sources · 2
← View the full 2026-04-04 (Sat) issue
What you're reading now arrives in your inbox daily at 21:00 UTC.

Get today's brief every day at 21:00 UTC

7 must-reads · 17 fields · tracked storylines delivered to your inbox daily. Pick only the fields you want; unsubscribe anytime.

Past issues →