# Record Brent Price Signals Global Oil Demand

> Physical Brent crude hits record price as supply disruptions drive up global oil demand.
- Title: Record Brent Price Signals Global Oil Demand · Nikkei Asia
- Summary: Physical Brent crude hits record price as supply disruptions drive up global oil demand. Physical Brent crude prices reached a record high due to supply…
- Keywords: physical brent, strait of hormuz, crude oil, supply disruption, record price, global oil demand, news, business, world, Record, Brent, Price
- Source: Nikkei Asia — https://asia.nikkei.com/business/energy/record-price-for-physical-brent-shows-how-badly-the-world-wants-oil-now
- Published: 2026-10-11T15:29:47+00:00
- Read time: 1 min
- Topics: physical brent, strait of hormuz, crude oil, supply disruption, record price, global oil demand, news, business, world
## Record Brent Price
Physical Brent crude prices reached a record high as supply disruptions in the Strait of Hormuz drive up buyer willingness to pay.
## Global Oil Demand
The gap between crude scheduled for delivery and futures is the widest ever, showing how badly the world wants oil now.
## Supply Disruption Impact
Immediate delivery crude oil prices surged due to the Strait of Hormuz supply disruption driving up global oil demand.
## Key takeaway

Physical Brent crude prices reached a record high due to supply disruptions in the Strait of Hormuz.