After Iran stops the ceasefire, oil prices plummeted and the price difference between the two adjacent December Brent contracts has risen again.

With the ceasefire between Israel and Iran, the price of crude oil futures has dropped significantly, and the price difference between Brent crude oil futures contracts for December of this year and December of next year has returned to a premium. This price difference, as a closely watched market indicator, is now at a premium of 22 cents per barrel, compared to a discount of $1.04 per barrel on Monday.