Oil Traders Brace for 2026 Squeeze ...Middle East

OILPRICE - Economy
Oil Traders Brace for 2026 Squeeze
Wary of the ‘Hockey Stick’, Oil Traders Hedge Their 2025 Exposure - Open interest in WTI calendar spread options - contracts that see market participants bid on the future value of crude oil futures across different delivery months – has reached an all-time high as traders expect this year’s assumed oversupply to only materialize in 2026. - The prompt spread between July and August was trading around $0.90 per barrel for most of this week, whilst the difference between December 2025 and December 2026 was a mere $0.50 per…

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