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WTI Hits $77 as Banks Reprice and China Cracks: Tuesday's Double Selloff Signal

WTI Hits $77 as Banks Reprice and China Cracks: Tuesday's Double Selloff Signal

WTI falls to $77 as Morgan Stanley and Goldman slash Brent forecasts, China refinery throughput hits a four-year low, and tanker operators signal Hormuz won't reopen overnight.
CIR Research Desk 16 Jun 2026
The China Signal: Why Thursday's $86 WTI Has Nothing to Do With Hormuz

The China Signal: Why Thursday's $86 WTI Has Nothing to Do With Hormuz

WTI closed at $86.34 Thursday, down 5.4% in a single session. The driver is not Hormuz — it's China's structural demand erosion, now confirmed by Sinopec sales data, record EV adoption, and collapsing crude imports.
CIR Research Desk 11 Jun 2026

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