#Oil in panic mode due to US supply disruptions. Close to 1m bbl/d of US output has been lost afte

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#Oil in panic mode due to US supply disruptions. Close to 1m bbl/d of US output has been lost after freezing temperatures caused power cuts. Gap between Brent’s Apr & May contracts has soared to 60 cents in backwardation as buyers willing to pay up for prompt barrels, BBG reports h/t Holger Zschaepitz

#Oil in panic mode due to US supply disruptions. Close to 1m bbl/d of US output has been lost afte

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