This Globally Systemic Market Is Sending A MASSIVE Warning

Eurodollar University · Feb 6, 2024 · 17m

After an "unexpected" late 2023 plunge, oil prices rebounded and the WTI curve even managed to flip from contango to backwardation. Rather than point to a firming global situation, the latest move in the crude market instead proves it was just Red Sea shipping fears. A shocking collapse in German trade reminds us of what oil's fundamentals really are.

Eurodollar University's Money & Macro Analysis

IEA Monthly Oil Report December 2023

https://www.iea.org/reports/oil-market-report-december-2023

IEA Monthly Oil Report January 2024

https://www.iea.org/reports/oil-market-report-january-2024

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