Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Great Oil Divergence Crude and Gasoline Go Separate Ways
This week the oil market is telling two different stories. Crude is sliding — West Texas Intermediate down nearly 10 percent in five days — while gasoline futures are holding firm. Lucas and Luna dig into what's driving the split: refinery maintenance season, the switch to summer blends, and a quiet buildup in distillate inventories. They also connect the divergence to what it means for your inflation expectations, with a look at the latest breakeven rate data. If you've wondered why pump prices aren't falling as fast as headlines suggest, this episode drills into the…
The skinny
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