Will OPEC Drain the Washout? | S6 E21

If you would like to access our free comprehensive monthly oil report as mentioned in the podcast, click here: https://www.onyxhub.co/dashboards/oil-market-report-may/ In last week's podcast, we had started to see pressure in the crude futures contracts, and we've slid to a new low of this cycle today at $82.30/bbl. Refinery margins were the major reason for bullish Brent over the past few months, however now it’s the major reason market sentiment has flipped. Margins have strengthen...