Oil printed around 108 as traders lost hope for a quick Hormuz arrangement ahead of a Gulf-Iran meeting via Oman. [1] This paper printed 108 and the talks, not a corridor on Friday. Sunday's Oman table is still a table. A Friday print is not a Sunday close. Print 108 as Friday's. Do not print a deal. No new corridor paper is in Sunday's energy copy.
No new close is in Sunday's energy copy, so Friday's 108 remains Friday's print and not a Sunday deal.
Sunday recap that pretends 108 became a corridor is a feed, not the FT.
No Sunday close is in Sunday's oil copy.
This edition will not invent an oil deal to fill a quiet Sunday.
-- THEO KAPLAN, San Francisco