SPR releases may offer only limited oil price relief if China lifts imports back to pre-war levels, Joe Weisenthal says. US reserve deliveries have reached about 1.4 million barrels a day, but a China rebound could outweigh that supply boost.
published
SPR releases may offer only limited oil price relief if China lifts imports back to pre-war levels, Joe Weisenthal says. US reserve deliveries have reached about 1.4 million barrels a day, but a China rebound could outweigh that supply boost.
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I sold the $META $655 Puts 9/25 for $7.60
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