Crude Oil Deflation Might Trickle Down - Growing #crudeoil supply excesses in the largest producer (the US) and declining demand from top importer #China existed before the start of normalization of stretched US equity prices. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sujtecdwx2ps {BI COMD} #commodities #energy #stockmarket #macroeconomics @BBGIntelligence