Duration Is the Only Number That Matters Now
Traders are not afraid of $112. They are afraid of not knowing what comes after it. A specific, unresolved dread about the shape of the next six month…
Oil Price Catalyst
What Happens If the Strait Never Fully Reopens?
What happens if the Strait of Hormuz doesn’t fully reopen — not in weeks, but in months?
The market hasn’t cleanly answered that yet. WTI settled at …