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šŸ”ŗšŸ”» Oil became $125 on the cash market

Ų¢Ų®Ų±ŪŒŁ† Ų®ŲØŲ± Ā· Source

šŸ”ŗšŸ”» Oil became $125 on the cash market

šŸ”¹ The price of Brent oil in today's transactions, despite the decrease in the highest figure, traded at more than 106 dollars; But the real price of oil in the oil markets, i.e. the Brent date, reached $125.

This $20 gap between the oil futures contract and cash oil shows that there is a lack of supply in the market and the oil that the market demands is not yet passing through the Strait of Hormuz.

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