Brent crude has slumped to $62.50 per barrel, down nearly 25% from early 2025 peaks and hovering at levels last seen in 2021. WTI trades below $60. The IEA projects oversupply of 3.1 million barrels per day in 2025 while demand growth remains anemic...
Risk Signal
Brent crude at $62.50 represents more than a pricing problem-it's a multi-line insurance stress test. African oil-dependent economies budgeted for $75-80 Brent, creating estimated $15-20 billion aggregate fiscal shortfalls across Nigeria, Angola, Gabon, and Chad. For underwriters, this triggers a cascade: political risk...
