Newsletter

Global Daily: It's the 70s! It's the 80s! It's the 90s!

20 July 2026 12:57 RaboResearch

With Brent oil over $90 this morning (now $89) and crack spreads near $70, so diesel is around $160 in effective terms, energy markets are far from comfortable - because we are drifting away from the geopolitical scenario where the US can 'Comfortably Bomb' Iran.

Introduction image

Disclaimer

Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more