Barclays sees oil risks skewed higher with Middle East flows still 15% below pre-war

What we know so far

investingLive (Nov 13, 06:27): Barclays’ view goes against the recent selling in crude. It suggests the roughly 7% fall in Brent and WTI over the past week has gone further than the data support while flows and inventories stay tight. Light speculative positioning means a renewed Hormuz incident or a stalled diplomatic track could set off a sharp short-covering rally. The long Brent calendar…