Oil/Wages/Bank comments/UK CPI relief/Ueda still patient?

Jul 19, 2023

∙ Paid

This note is coming earlier than usual as I’ll be out of pocket until midday.

Over the past month I’ve mentioned a few times the continuous fall in the US crude oil rig count where as for the week ended 7/14 (we’ll get a fresh read on Friday) it had fallen for the 10th week in the past 11 to 537 rigs. That’s the least since early April 2022. If you didn…

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