{
  "id": 10939114,
  "title": "Why are oil futures still so high if Middle East exports have recovered?",
  "url": "https://urgent.news/2026/09/30/why-are-oil-futures-still-so-high-if-middle-east-exports-have",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T12:20:48.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/commodities-news/why-are-oil-futures-still-so-high-if-middle-east-exports-have-recovered-4925072"
  },
  "original_language": "en",
  "account": "Goldman Sachs analysts have puzzled over the stubbornly high prices of oil futures despite a surge in Persian Gulf exports. The bank found that Gulf crude shipments have rebounded to last year's levels, with dark exports accounting for nearly 90% of the recovery. Despite an attack on the Saudi East-West pipeline and a Houthi blockade, exports rebounded to 23.3 million barrels per day last week, double the September average. The bank anticipates Brent crude to ease to $85 per barrel by year-end and $80 in 2027, attributing the elevated prices to a large risk premium. This premium is driven by potential supply disruptions and low global stocks, prompting an urgent need to rebuild reserves quickly.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}