Pressure on the End User | S6 E08

World of Oil Derivatives - En podcast av Greg Newman

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It's been a bullish week for crude flat price this week and has been supported above $80 levels, reaching a peak of $85.50, which is seemingly finding resistance at current levels. However, overall market sentiment has been quite bullish from both hedge funds and speculators alike. As for refinery margins; there's been a week-on-week decline of nearly $3/bbl in the prompt. Currently on a downtrend but where will it find support? Looking at oil from a macro perspective, Chi...

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