Can anything stop oil's run when the SPR is already drained?
This week, we dig into why the oil squeeze is becoming structural, not just a Strait of Hormuz story.
We explore the oil curve trade, the Brent–WTI gap, tightening financial conditions, and crypto's slow bottoming process. Enjoy!
TIMESTAMPS:
00:00 Markets In Turmoil, Round Two
01:25 Bonds Rip As The Nasdaq Drops 3%
02:29 Oil And Bonds Break Up
05:23 Why Nobody Wants The Oil Bull Case
09:45 Reading The Oil Curve
12:38 Ads (Fidelity, DAS London)
13:50 Brent–WTI Gap Hits Wartime Highs
16:33 Diesel, Cracks & Maxed-Out Refineries
20:30 The Only Way Out Is Through
23:13 AI Capex Doubts Meet Tighter Conditions
29:18 Ads (Fidelity, DAS London)
30:36 Midterms, Iran & No Plan
36:07 No SPR Left To Cap Prices
39:56 Do Shipping Costs Cap Oil?
44:19 Is Crypto Bottoming?
54:06 The Midterms Risk For Crypto
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EVENTS
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DISCLAIMER
Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.