Brent Crude & WSP Global

Brent Crude: Brent Crude, as an international benchmark crude oil, saw its price rise significantly during the conflict, directly influencing the cost of gasoline. Its fluctuations are a key factor in the debate over pump prices.

WSP Global: WSP Global, through its director Rob Smith, provided expert analysis on the lag between crude oil and gasoline prices, and also projected that Persian Gulf oil production would not fully rebound until at least Q1 2027.

Brent Crude: Brent crude prices have risen sharply due to the Iran war and the closure of the Strait of Hormuz, impacting global inflation and economic outlook.

WSP Global: WSP Global provides analysis on global fuel retail, explaining the dynamics of crude oil and gasoline prices in the context of the Strait of Hormuz constraint.

Brent Crude: Brent Crude prices have fallen significantly, reaching pre-war levels, due to the easing of supply concerns as the Strait of Hormuz reopens and Middle Eastern oil supply increases.

WSP Global: WSP Global has reported on the number of transits through the Strait of Hormuz, indicating a significant increase since the war began.