$_TICKER
BRENT$84.27▲0.50%WTI$80.15▲0.39%TTF€31.50▼3.67%NBP72.4p▼1.50%HH$2.84▲1.43%SPR_US372.4 Mb18.7dEU_GAS78.3%▲0.4ppOPEC_SPARE3.8 mb/d▼0.3FAO_FFPI121.4▲0.8WHT.SRW$6.42/bu▲1.84%RIC.THAI$612/t▲0.32%UREA$378/t▲2.71%LITH$13,820/t▼0.84%COBL$31,400/t—CU$9,820/t▲0.65%NI$17,420/t▼1.10%BRENT$84.27▲0.50%WTI$80.15▲0.39%TTF€31.50▼3.67%NBP72.4p▼1.50%HH$2.84▲1.43%SPR_US372.4 Mb18.7dEU_GAS78.3%▲0.4ppOPEC_SPARE3.8 mb/d▼0.3FAO_FFPI121.4▲0.8WHT.SRW$6.42/bu▲1.84%RIC.THAI$612/t▲0.32%UREA$378/t▲2.71%LITH$13,820/t▼0.84%COBL$31,400/t—CU$9,820/t▲0.65%NI$17,420/t▼1.10%
READ MODE// long-form zoneEDITORIAL · briefings & analysisset in Fraunces & Source Serif 4·vol. III · no. 134
[ 01 ] · The Briefings Desk · 17 May 2026
Analysis, sourced and citable.
6 briefings published · 2 in editing
sources: 47 · all green · 312 ms median
EN · FR · ES, DE pending
Feature · Energy · 14 min
The thin blue line.
Why OPEC+ spare capacity below four million barrels a day is the metric to watch — and the one no one is publicly tracking.
By
N. Vermeulen · 2026-05-15 ·
read →Data · Gas · 6 min
EU storage is ahead of schedule — but Norway's role is quietly shrinking.
Third consecutive week above the five-year mean. Russia replaced; Norway eased; the question is the LNG slack.
By
K. Lindqvist · 2026-05-13 ·
read →Scenario · Food · 9 min
Black Sea grain corridor: three trigger pathways for a Q3 disruption.
A wargamed disruption to the corridor: weather, insurance, kinetic. Each path has a different signature.
By
A. Petrov · 2026-05-12 ·
read →Field note · MENA · 8 min
What three weeks at the Suez Canal Authority told us about insurance pricing.
War-risk premiums have moved twice this quarter. They are leading the freight rate, not following it.
By
R. Achour · 2026-05-10 ·
read →Data · Fertilizer · 7 min
Urea above $375 a tonne: the pre-monsoon arithmetic for South Asian agriculture.
Indian states have begun stockpiling; Pakistan has not. The price elasticity is asymmetric.
By
S. Iyer · 2026-05-09 ·
read →Methodology · v3.2 · 11 min
How we compute the country stress index, and what changed in v3.2.
Five inputs, four weights, one composite. We added fiscal headroom and removed a redundant trade-balance term.
By
Editorial · 2026-05-09 ·
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