# Week in Review - Mansfield Energy

> Markets turned bearish as refinery maintenance produced larger-than-expected crude builds, and WTI flipped to a slight contango in the short term. Brent stayed fully backwardated on concerns about Iran sanctions, while US crude stocks had risen 56 million barrels over June to October last year but fell 55 million this year.

- Date: 2018-10-19 · published 2018-10-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12174-week-in-review-mansfield-energy
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A shift toward contango in WTI and rising US crude stocks point to softer near-term energy prices, while Brent's backwardation keeps international supply risk priced in.

## Read by commodity

- WTI: bearish ▼
- BRENT: bullish ▲

## Sources

- mansfield.energy: https://mansfield.energy/2018/10/19/week-in-review-47/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.