I wish that I knew someone working on derivatives markets, because I would like to understand why oil futures markets have, seemingly, been so mispriced since February and why they have responded so directly to what researchers even call "cheap talk" by Trump about the war. bsky.app/profile/bgru...
Bill Grueskin"Stockpiles are rapidly depleting." "This pace of draws cannot persist ad infinitum.” Stored oil is at a “precariously low” level... "far lower than expected." "... eroding America’s ability to be the supplier of last resort." www.ft.com/content/86f3...