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The oil market is in 'backwardation' — Here’s what that means for energy prices

Oil prices have been rocked by volatility since the U.S.-Iran war began.

1 report1 sourceMar 26, 2026, 11:36 AM
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CNBCMar 26, 2026, 11:36 AM

The oil market is in 'backwardation' — Here’s what that means for energy prices

Oil prices have been rocked by volatility since the U.S.-Iran war began.

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