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This Is Why Oil Logistics Are Changing Fast #investing #oil #news

NowPress play to follow along0:00 / 2:41
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ticker lesson

Breakdown

0:00lesson

Oil market adjustments and logistics

  • Oils learning to live with broken straightfor 110
  • Crude prices below 102 despite geopolitical issues
  • Gulf producers built shipto-ship transfer system
  • System moving 2.5 million barrels per day
  • VLCC freight rates above $30 per barrel
1:50lesson

Bond market and inflation expectations

  • 5% looks like line in the sand for bond market
  • Tenure traded about 5% briefly
  • Rate reached 5.0 03% in subm markets
  • Fed hike and BOJ hike absorbed without settling above 5%
  • PCE report coming at end of week

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