WTI briefly traded above Brent in April 2026. However, the real oil-market stress lay in prompt supply, steep backwardation, and the scarcity of Brent.
Silver has fallen sharply from its recent highs, but the longer-term case remains intact. Here is what caused the pullback and what supports a rebound.
Iran has warned that oil prices could hit $200 a barrel, but most major forecasts still sit far below that level. Here is what would need to happen and what to watch next.