
Key points
Front-month Brent vs France's 10-year spread over Germany, 2026 | After the Sep 10 pipeline attack, oil jumped and the spread widened from ~60bps to ~170bps
Image source: @robin_j_brooks

Front-month Brent vs France's 10-year spread over Germany, 2026 | After the Sep 10 pipeline attack, oil jumped and the spread widened from ~60bps to ~170bps
Image source: @robin_j_brooks