Taking Advantage of Upticks and Optics | S6 E25

World of Oil Derivatives - En podcast av Greg Newman

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Brent Futures have been volatile and rangebound this week, dropping to around $81/bbl and supported again over $84/bbl. With the OPEC meeting next week (and being held online), there's been conversation that Russia has overproduced oil output, but will be correcting lower after not adhering to the April quota due to over production. This audit will be used to update production baselines. Biden announced he was releasing a million barrels of gasoline from the northeast gasoline supply r...

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