Latest / The Financial Exchange Show
Why the Oil Shock May Be Just Weeks Away
Oil prices have fallen as reports of a possible U.S.-Iran ceasefire extension raise hopes that traffic through the Strait of Hormuz may resume, but energy executives are warning that global inventories are already approaching dangerously low levels.
Chuck Zodda and Mike Armstrong break down why the current drop in crude prices may not reflect the real supply risk building beneath the surface, how depleted inventories could force prices sharply higher this summer, and why the difference between higher prices and outright shortages matters for consumers. They also discuss why fears of a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.