East Powering the Market | S5 E33

The team discusses the current Brent flat price (around $83/bbl), with prices down due to concerns about China's economic situation and traders now discounting geopolitical risk. Greg, Vincent, and Martha mention a decline in managed money positions in recent weeks, contributing to an overall bearish outlook in the oil market. Vincent predicts the bullish factor in the market for Q4. Greg expresses a lack of confidence in the direction of the crude oil market due to various factors, including...