
MacroVoices #349 Rory Johnston: Crude Oil Outlook & SPR Discourse
Macro Voices
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China Reopening Is the Big Catalyst That Brings on the Energy Crisis
China reopening is the big catalyst that I think will be the event that brings on the energy crisis that fear is coming. The rumor that came out was somebody who seemed to be very well connected and in the know, said that they had heard that a committee had been formed to plan the reopening. That to me still sounds like credible intel. China plans things well in advance. It all logically makes sense. And then Bloomberg over the weekend reported, well, the hopes have been dashed because China just announced that that's not really what's happening. They're committed to their COVID zero policies. But I don't think we should be reading too much into either the reopening optimism or
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