Testing Market Capacity | S6 E07

Last week, Brent crude flat price rallied, pushing up over $80/bbl and staying there since then. The rejected ceasefire deal on Feb 06 supported this bullish momentum. We've seen strength across refinery margins - particularly in Europe - with a notable rally in product prices, including strong bidding in the physical market. Greg, Martha, and James discuss ongoing geopolitical conflict, refinery outages, and potential oversaturation due to early positioning in Q3 and the need to balance refi...