DiscoverMacro Crude: Understanding Finance and The Global Economy (Oil, Stocks, Commodities, Currencies)12th June: Why is crude oil below US$40/bbl? Key fundamental drivers behind weakness in oil
12th June: Why is crude oil below US$40/bbl? Key fundamental drivers behind weakness in oil

12th June: Why is crude oil below US$40/bbl? Key fundamental drivers behind weakness in oil

Update: 2020-06-12
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Episode goes through chart of the day on our twitter account which shows refinery margins weak and refinery utilisation rates low. A big reason why physical oil markets are softening.
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12th June: Why is crude oil below US$40/bbl? Key fundamental drivers behind weakness in oil

12th June: Why is crude oil below US$40/bbl? Key fundamental drivers behind weakness in oil

Macro Crude