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Dhahran evacuated and Brent closing at a five-month high while Europe's waste-feedstock premiums slide: the two halves of the energy market are no longer telling the same story
Saudi Arabia's flagship exporter evacuated its Dhahran headquarters and moved staff to remote work, and Brent settled at $113.17/bbl on 22 October, yet European renewable-fuel premiums and certificates, already sliding before the crude move, kept falling. The gap between a geopolitical crude price and a delivered feedstock netback is now the most tradeable fact in the market — and it runs straight through Nigerian collection economics.
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