Will Cunliffe
Research Analyst, Flux
Shooting up!
CPC to reopen, but Tengiz oil field has different plans and Brent is rallying again!
CPC to reopen, but Tengiz oil field has different plans and Brent is rallying again!
Forget about oil for a bit, the action is in Nat gas. The US benchmark is up over 50% in the last two trading sessions. European TTF is no slouch either. JKM in Asia is only up double teen digits. We have been noticing many commodity markets acting up in recent days, more so as Trump steadily breaks down the, so called, rules-based order. Capital is fleeing the US. Meanwhile, at Davos, Mark Carney said, “Middle powers must act together because if you are not at the table, you are on the menu.” How long can Trump play his games, before the world wakes up and fights back?
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