How much slack is left in the global oil market?

Giacomo Prandelli, the Switzerland-based founder of The Merchant’s News, explains why Brent crude’s return above $100 may be different this time, as the U.S. Strategic Petroleum Reserve runs low, refineries run hard, and the Houthis threaten the Bab el-Mandeb Strait, another major Middle East shipping route. He also explores China’s potential return to the oil market—and where Canadian crude fits into an increasingly strained global energy system amid our trade war with the U.S.

The Hub is Canada’s fastest-growing independent digital news outlet.

Subscribe to our YouTube channel to get our latest videos: https://www.youtube.com/@TheHubCanada

Subscribe to The Hub’s podcast feed to get our best content when you are on the go:

https://tinyurl.com/3a7zpd7e (Apple)

https://tinyurl.com/y8akmfn7 (Spotify)

Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/

Follow The Hub on X: https://x.com/thehubcanada?lang=en

CREDITS:

Falice Chin - Host, Producer, and Editor

falice@thehub.ca

Hosted on Acast. See acast.com/privacy for more information.