Surveillance: Yield Values with Hornby
Bloomberg Surveillance
00:00
Is There a Global Recession?
Tightness is what is causing prices to cool down, the fact that they were so high because things were tight. We are seeing continued fears of global recession. Even if europe does plunge into recession, that doesn't necessarily mean that they're still not going to need oil. And also remember that when the middle of december comes o early december, that's when these sanctions on russian oil are supposed to take effect. The coast isn't clear.
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