Rory Johnston(@Rory_Johnston):Seeing a lot about the bolstered Saudi gulf loadings/Hormuz transits as the reason for this latest price dip That's entirely an expected switcheroo from crushed Red Sea loadings And while single-day figures can always be more impressive, you really gotta smooth it (10dma below)

Rory Johnston

@Rory_Johnston

oil market researcher | founder of | former bank economist | markets, code, barbecue | subscribe to my research:

가입 December 2009

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Rory Johnston@Rory_Johnston

2026.09.22 00:08

Seeing a lot about the bolstered Saudi gulf loadings/Hormuz transits as the reason for this latest price dip That's entirely an expected switcheroo from crushed Red Sea loadings And while single-day figures can always be more impressive, you really gotta smooth it (10dma below)