Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
How Saudi Crude Output Cuts Reshape Global Oil Logistics
Episode 115 of The Commodities Economy examines how Saudi Arabia's decision to maintain additional voluntary production cuts through September 2026 is physically reshaping global oil flows. With Brent crude at $84.30 and WTI at $78.38, Lucas and Luna break down why the widening spread isn't just geopolitics — it's a crude-quality mismatch that's sending heavy sour barrels from the Middle East to Asia while lighter domestic shale fills Atlantic Basin refiners. They walk through the specific tanker route data, how U.S. exports to Europe hit a record 2.1 million barrels per…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.