The New Normal

Treść źródłowa

In this report: The consensus is pricing a return to pre-war flows. Five reasons that’s the wrong trade. Plus the COT pattern that’s worked five times since 2022.Key Stats. BRENT -6.36% (-$6.88) for the week. Open $106.60 High $115.30 Low $96.03 Close $101.29ArticlesQatari tanker becomes first ship to cross Strait of HormuzIran is setting up an agency to tax ships passing through Hormuz even as it negotiates a peace dealChevron CEO and Goldman warn physical oil shortages could slow global economiesJapan is reportedly to purchase 20mln barrels of UAE oil to bypass the blockade in the Strait of HormuzShipping giant MSC opens new trade route to bypass Hormuz disruptionEurope's jet fuel supplies to fall below the 23-day shortage threshold in JuneEric Nuttall on The Oil Ground Up PodcastTrump signs order authorizing oil pipeline project partially reviving Keystone XLChina's Fuel Breakthrough Might Be The Solution To The Oil CrisisThe rise of the human–AI workforceViewIn short, there is one of the biggest shifts in energy availability and pricing about to happen the world has ever seen. I hate to be sensational, but I am blown away by the complacency of government and the societal apathy we are walking through. We have seen this through the politics of US and Europe over the last 10 years. This situation is suffering from the same apathy. The emergency that is ignored becomes the emergency we all just live with.Subscribe nowBut let me save the vitriol for another post some day. We are here to focus on oil, energy and what’s coming.There is so much news flow noise to be aware of, …