OPEC+ Strategy and Reduced Idle Capacity

Today’s Daily Energy Markets Podcast (October 13) featured Michelle Wiese Bockmann of Windward, Victor Yang of JLC Network Technology, and Omar Najia of BB Energy. The panel analyzed oil’s rebound above $63 amid escalating U.S.-China trade tensions, rising Chinese port tariffs, and ongoing Russian attacks on Ukrainian energy assets. Discussions highlighted volatile tanker rates, China’s slowing crude imports, and expectations for a year-end oil price rally driven by macroeconomic shifts and geopolitics.