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All roads lead to $100

Brent near $95!
Published: 6 March 2026
Written by:
Will Cunliffe

Will Cunliffe

Research Analyst, The Officials
Will Cunliffe
,
Edward Hayden-Briffett

Edward Hayden-Briffett

Research Analyst, The Officials
Edward Hayden-Briffett
and
Spyridon Kokas

Spyridon Kokas

Research Analyst, The Officials
Spyridon Kokas
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, The Officials
Jorge Montepeque
Edition: Euro EditionVolume: 3Issue: 46
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Brent near $95!

We cannot overemphasise the catastrophe that is unfolding. Around 20 mil b/d of crude is not entering the market, all of Qatar’s LNG is out of the game and the potential for rerouting and compensation is marginal at best. Millions of barrels worth of refining capacity is offline due to strikes and more is falling because they can’t get feedstock. Every day that goes by compounds the disaster.

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The Officials publish outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.

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About Euro Edition

Benchmark reports published at the close of the trading day in London.

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