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11min chapter
MacroVoices #402 Lakshman Achuthan: A Soft Landing Still A Dream
Macro Voices
Crude Oil Inventories and Market Weakness
The hosts analyze the latest EIA inventory report for crude oil, highlighting a build in national and Cushing inventories. They express concern about the supply deficit not aligning with predictions and discuss the implications, including crashing time spreads on WTI. They also touch on Israel's military action, Iran's response, and the potential weakness in crude oil prices.
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