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Trump Administration offers up to 40 million barrels from the Strategic Petroleum Reserve
So Hormuz flows are not restored?
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US Source engaged in negotiations with Iran to Al Arabiya: Gaps are wide and obstacles are major
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Trump open to easing sanctions on Iran amid bond yield surge
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MacroEdge retweeted
Thoughts for the week ahead in oil and other key product prices, additional commentary from operators, and the final stretch of 'patience thru October'
Linked & discussed in-depth below...
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Trump: Thinking about diesel export ban very seriously
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Nano Banc of Irvine, California was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver
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30Y mortgage rate hits 7.37% as yields surge
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Houthis claim missile and drone attacks on Aramco facilities in Yanbu
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Another recycled headline from ‘sources’ about a phased deal for Hormuz
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MacroEdge retweeted
The 9/24 Oil & Gas Strategy Note ---
Gasoline prices next in line to go 'full-send'? Finding opportunities amid the bond blowup & relentless TACOs...
link below.
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Trump White House preparing plan for 90-day diesel export ban amid political panic - Politico
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30 year yield hits highest level since 2004 as 10Y crosses 5.05%
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