Post by Enverus

New Enverus analysis from Enverus Intelligence® Research models a persistent “stock hole” after the Strait of Hormuz disruption: OECD crude and product stocks fall from 2.82 Bbbl (YE25) to 2.36 Bbbl in Q4 2026, supporting a higher-for-longer price outlook as Brent averages $110/bbl in H2 and peaks near $117/bbl in Q4. The report also flags the potential for a $5–$10/bbl geopolitical risk premium to remain embedded as markets adapt to the closure precedent. https://lnkd.in/epJnm5Ge