(WCTW) Pouring Cold Water
Oil market fundamentals are starting to be impacted by the tariff uncertainty.
A pause, a relief, a deal. Whatever you want to call the temporary resolution over the weekend, risk assets are responding, and oil prices are moving higher.
But I come bearing bad news.
We are starting to see the impacts of the recent tariff chaos on oil market fundamentals. In particular, there are signs that global crude inventories are building.
In this article, I'm going to go over:
The latest fundamental data.
Our projection on oil prices.
And what we are planning to do with our portfolio.