Macro Point Of View

Oil Weekly: A 2027 Surplus Looms, Tankers Normalize, and LNG Demand Heads for +65%

Brent is still holding above $70/bbl, but I don’t think it lasts. This week I dig into the growing gap

Cocoa is back above $5,000 a tonne: and in this quick 5-minute brief I break down exactly why, and why

📊 #ChartOfTheDay: sugar just broke up with crude. For most of the spring, sugar No. 11 and Brent moved almost

This week, the weather wrote the price action. Cocoa punched back above $5,000/t on ICE as heavy West African rain

This Week on MacroPOV: Crude Oil Macro Perspective Brent crude just closed the war gap — price is back in

The ceasefire broke after four days. The Strait of Hormuz closed again on June 20. Peace talks are continuing in

Trump and Iranian President Masoud Pezeshkian signed the peace memorandum this week: the Strait of Hormuz reopens, the Iranian port

Peace in the Middle East looks closer right now than at any point since this war started on February 28.

Brent just dropped nearly 5% to $83, its lowest since March 10, after the US and Iran announced a peace

A signed peace treaty in the Persian Gulf does not mean a return to the old economic status quo. While