⚠️CHART OF THE WEEK: North Sea oil prices just hit an all-time high

Where is all the gold Turkey is selling ending up?

Author

Global Markets Investor
April 11, 2026

In partnership with

GLOBAL MARKETS INVESTOR’S PORTFOLIO IS 🔥UP +93%🔥SINCE JANUARY 2024

DURING THE MARCH-APRIL 2025 MARKET TURMOIL, MAJOR US INDEXES FELL NEARLY 20%, WHILE THE GMI PORTFOLIO GAINED OVER 5%, FIND OUT HOW BELOW:

Global Markets Investor

Global Markets Investor provides data-driven analysis on global financial markets and economies. Every insight is backed by real positioning. If this helps you navigate ever-changing market developments, consider becoming a premium subscriber.

globalmarketsinvestor.beehiiv.com/c/investment-portfolio

Forties Blend, a key benchmark for physical oil delivery, spiked over $147 a barrel on Thursday, surpassing the highs reached during the Great Financial Crisis.

That is ~$50 above the Brent futures price, a gap that reflects extreme physical scarcity as refiners scramble to replace barrels trapped in the Persian Gulf.

The rush for physical barrels was so intense it broke a key part of the oil market, with traders unable to buy certain hedging contracts after prices exceeded exchange limits for the first time anyone can remember.

Stack BTC while you sleep

Tired of trying to time the market? YieldClub puts your money on autopilot. Deposit from your bank account, and your balance starts earning automatically, routing yield into Bitcoin around the clock. No charts, no timing the market, no crypto expertise required.

Oil exports via the Strait of Hormuz are running at just 8% of normal levels despite the ceasefire now being 4 days old, according to Goldman Sachs.

Saudi Arabia also disclosed that recent attacks have knocked out 600,000 barrels a day of production capacity, while damage to the East-West pipeline has cut ~700,000 barrels a day of throughput.

Even when the Strait eventually reopens, it will take at least 20 days to correct the logistical damage.

The energy crisis is nowhere near its end.

⚠️This map is absolutely remarkable

Oil flows from the Persian Gulf and South East Asia

Global Markets Investor • Global Markets Investor

⚠️Foreign central banks are dumping US Treasuries at the fastest pace in years

Foreign central banks are adding to the pressure in the Treasury market at the worst possible time

Global Markets Investor • Global Markets Investor

If you find it informative and helpful, consider a paid subscription or become a Founding Member, and follow me on Twitter or Nostr:

Reply

or to participate.