Post
Mirha Fatima
Interestingly, just the day before, Middle Eastern physical oil was still being snapped up, with Oman crude trading at a premium of nearly $24 to Brent, the highest since March. After the premium peaked, futures followed down. This indicates that the market had previously priced in the supply disruption very fully, and now with signs of pipeline repair, the risk premium is starting to unwind.#FedFirst25BpsHikeSince23 #LongYields5%NewNormal #CryptoTaxAndBTCReserve
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