Mike McGlone
Mike McGlone|Feb 22, 2025 19:09
80 WTI Crude, 5% Long-Bonds May Mark 2025 Highs - The back side of 2022's big pump, declining demand in #China vs. increasing US and OPEC supply surpluses, the elevated US #stockmarket and President Trump's goal of lower prices are top #crudeoil macroeconomic headwinds. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/srgs66dwrgg0 {BI COMD} #commodities #energy #macroeconomics @BBGIntelligence
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