Thank you. I try not to speculate on the geopolitical. I have no information there that isn't publicly available elsewhere. It is apparent that the market is not pricing any potential supply disruption. To this point, it's been correct. But with as tight as the physical is and the lack of spec length, any interruption can send crude soaring.
Looking forward to your next report, especially with all the (quite scary)geopolitical implications.
Also, great movie. H J Osmont should have won the Oscar that year.
Thank you. I try not to speculate on the geopolitical. I have no information there that isn't publicly available elsewhere. It is apparent that the market is not pricing any potential supply disruption. To this point, it's been correct. But with as tight as the physical is and the lack of spec length, any interruption can send crude soaring.