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Oil futures curve structure and backwardation mechanics

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Bankless · Apr 29, 2026

$200 Oil by June?—The Biggest Oil Shock in History | Rory Johnston on The Hormuz Crisis

Strait of Hormuz closure and geopolitical oil supply disruption OECD commercial inventory depletion and price discovery Peak oil demand vs. peak oil supply paradigm shift Energy transition acceleration and EV adoption rates Natural gas as successor to oil in energy mix