Rory has a free tier of his substack at commoditycontext.com and a fantastic recent interview on MacroVoice, which is on YouTube and is a syndicated podcast as well. This chart, well, shows it pretty dramatically:
How jawboning has affected Brent futures – a chart from Rory Johnson
byu/SpecialDesigner5571 inoil
Posted by SpecialDesigner5571
1 Comment
No news is bad news and the only good news this entire time has been “pretend”. Market seems very hesitant to reprice this time even though everyday that passes the situation gets worse.