Oil Executives: Prices Dont Reflect Tight Supply
Oil and gas executives polled by the Dallas Fed in a survey released Wednesday fear recession and supply shortages, with optimism waning this quarter despite solid business activity. Oil and gas executives told the Dallas Fed that recession remains a key concern amid heightened uncertainty. Its tough to tell where these crosscurrents are headed. On one hand, we dont know if anyone has noticed, but the two-year to 10-year Treasury yield curve is inverted, implying recession, and China is on lockdown basically every other
Wednesday, September 28, 2022 at 8:30 pm