Crude oil inventories surge as OPEC⁺ boosts output (IEA) Oil futures curve slides towards contango (Bloomberg) BRENT’s six-month calendar spread is trading in a backwardation of just 20 cents per barrel, the lowest for almost two years since December 2023, and down from almost $6 at the start of the year, as OPEC⁺ boosts output … Continue reading Best in Energy – 14 October 2025| JKempEnergy.com