The oil market is in 'backwardation,' analysts say. Here’s what that means for energy prices

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

Key takeaways

Quick scan — what you need to know:

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

Background

What led here, in plain terms:

• Oil prices have been rocked by volatility since the U.S.-Iran war began. Oil prices have been rocked by volatility since the U.S.-Iran war began.
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

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