Odd Lots

Rory Johnston on Why His $200 Oil Prediction Didn't Turn Out Right

· PT32M15S

Összefoglaló

Rory Johnston, a Commodity Context alapítója, a 2024 eleji olajpiaci előrejelzések pontatlanságáról beszél. Elmagyarázza, miért nem érte el a Brent olaj árfolyama a várt 200 dolláros hordónkénti szintet. Főbb tényezők, amelyeket megvitat: a Hormuzi-szoros újranyitása, az…

Ebben az epizódban

The Strait of Hormuz has (mostly) re-opened!

Crude prices are still up since the start of the war with Iran, but popular predictions earlier this year of $200-a-barrel Brent didn’t pan out.

We last talked to Rory Johnston, the founder of the Commodity Context newsletter, at the start of the conflict.

And in that conversation he said that the Strait’s closure would lead to $200 oil if it persisted for any length of time.

Today, he returns to tell us what he’s learned about the oil market since then.

He explains the various factors that kept a lid on prices, including some re-routing, Trump jawboning, and (crucially) surprise import reductions from China.

Previous: Rory Johnston on How Oil Could Surge to Over $200 a Barrel Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox, plus unlimited access to the site and app. bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

Említett entitások

Témák

Személyek

Cégek

Hallgasd meg

Több epizód a Odd Lots-ből