# Crudeoil

Pakistan’s Oil Shock Ladder — A Strange Signal from Oil Markets
Update to the Pakistan Oil Shock Ladder thread. Something unusual is happening in oil markets.
On Friday:
Brent closed around $103.86
Dubai crude closed around $127.86
That is a $25+ gap between the two.
Historically, this makes little sense. (See charts)
Normally, Brent trades at a premium to Dubai crude, typically $1–4 per barrel.
Brent is lighter, easier to refine, and closer to Western markets. So the usual structure is: Brent > Dubai
Today we have: Dubai >>> Brent
And not by a little.
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