Independent Price Reporting Agency, QC Intel

Quantum Commodity Intelligence

We are an independent price reporting agency (PRA) providing price assessments, original news and trade data for the global energy transition markets. 

Our mission is to bring greater transparency to these rapidly developing markets, powering transactions and helping the world to decarbonize as efficiently as possible.

Independent Price Reporting Agency

While Different From the Iran-Iraq Tanker War, We Still Recommend Cutting CL Length as Prices Surge

QC Intel

We are an independent price reporting agency (PRA) providing price assessments, original news and trade data for the global energy transition markets.

Our mission is to bring greater transparency to these rapidly developing markets, powering transactions and helping the world to decarbonize as efficiently as possible.

Commodities

<ul><li>Crude futures were trading sharply higher on Monday following massive airstrikes on Iran over the weekend and the effective closure of the Strait of Hormuz.</li><li>Front-month May26 ICE  Brent  futures were trading at  $78.98/b (2022 GMT) versus Friday's settle of $72.87/b, while Apr26 NYMEX WTI  was at  $72.34/b against a previous close of $67.02/b.</li><li>Brent, as widely expected, opened above $80/b for the first time in a year, peaking at $82.37/b amid hugely volatile trading conditions, which had triggered exchange 'circuit breaker' mechanisms.</li></ul>

Crude futures were trading sharply higher on Monday following massive airstrikes on Iran over the weekend and the effective closure of the Strait of Hormuz.Front-month May26 ICE  Brent  futures were trading at  $78.98/b (2022 GMT) versus Friday's settle of $72.87/b, while Apr26 NYMEX WTI  was at  $72.34/b against a previous close of $67.02/b.Brent, as widely expected, opened above $80/b for the first time in a year, peaking at $82.37/b amid hugely volatile trading conditions, which had triggered exchange 'circuit breaker' mechanisms.

Oil Futures: Crude surges on Mideast turmoil, Strait of Hormuz closure

Crude Oil

Oil Futures: Crude surges on Mideast turmoil, Strait of Hormuz closure