This week, I appeared on Mario Nawfal’s show as well as Jim Puplava’s Financial Sense. First, Mario and I discussed the structurally broken oil markets that no longer respond to fundamentals, the mounting risks from the Strait of Hormuz and other chokepoints, the accelerating drawdown of the Strategic Petroleum Reserve, and the broader dangers of drone warfare and geopolitical escalation. Later, Jim and I discussed the mysterious large seller suppressing oil futures prices, the extreme tightness in diesel and refined products, critically low inventories, and the decade of underinvestment that leaves global energy supplies highly vulnerable. Both videos are down below.
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Oil Markets Are Structurally Broken, and the Risks Are Mounting – with Mario Nawfal and Jim Puplava
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Energy
Oil Markets Are Structurally Broken, and the Risks Are Mounting – with Mario Nawfal and Jim Puplava
Chris appears on Mario Nawfal’s show and Jim Puplava’s Financial Sense to discuss structurally broken oil markets, price suppression, depleting inventories, and rising geopolitical risks.