Why the WTI–Brent Spread Collapsed

Today’s Daily Energy Markets podcast examined tightening oil spreads, geopolitical uncertainty, and macroeconomic strain. June Goh highlighted WTI’s strengthening and normalized Brent spread, Robin Mills assessed Strait of Hormuz risks and Gulf recovery timelines, Maleeha Bengali warned of recession risks from $100 oil, and Dinita Setyawati outlined Asia’s demand shocks, rationing, and accelerating shift toward coal and renewables.