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The Hurricane-Oil Price Connection: What You Need to Know #marketanalysis #trading #oil
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ticker lesson
Breakdown
0:00Brent· ticker
Brent — $103/barrel, hurricane pushes price
- Hurricane Isaiah shuts 25% Gulf crude
- 16% natural gas production halted
- Storm arrives after ship attacks
- Brent above $103/barrel
- Global economy deals with low inventories
0:01CPI· ticker
CPI — next week's print, inflation pressure
- Sustained refined product margins
- Upside inflation pressure ahead
- CPI print next week
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