MacroVoices #388 Lakshman Achuthan: Recession Still On Deck
Macro Voices
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Crude Oil: A New Post Pandemic Record
The US government refilled 1 million barrels of the strategic petroleum reserve this week. Dr. Anal Haji says there's no $100 crude oil in 2023, with OPEC and Saudi Arabia setting the floor on prices. China is going to moderate its SPR sales before we get to $100 but will start selling down their reserves if it gets above that level.
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