This is supposed to be restocking season, yet 14 of the last 15 weeks have seen drawdowns on gasolenes. There has been no re stocking in gasolene net. Production ticked back up to 11 point nine million barrels. The e u. Banning russian crude is in the headlines. And of course, opek's response to the us. Nopeck bill, which would try to make it a crime for people outside of us. Jurisdiction to do things that their government says they're required to do.
MacroVoices Erik Townsend and Patrick Ceresna welcome Gavekal co-founder Louis-Vincent Gave to the show. Louis has a different take on the impact of U.S. seizure of foreign-owned assets, and he also shares his outlook for bonds, the dollar, stocks, and precious metals. https://bit.ly/3G5dOmI
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