Detailed view for this entity.
“So oil prices have absolutely already increased significantly about 40 to 50% since the Iran war began. Prior to the war, the price of oil per barrel was about $70. Now it's hovering around $100 per barrel.”
“I think one of the reasons why oil prices hasn't haven't gone up more is because the markets believe that these strikes though likely are going to be contained in the near term and aren't likely to lead to a massive Iranian retaliation.”
“Oil of $100 a barrel could push consumer price inflation from 2.4% in this year to January to above 4%.”
“So oil and the US dollar have a 95 correlation. That's almost as high a rooster could tell you what that is on a one-year or three-year z-score.”
“Top end of the range for oil is is we're pretty much there. Um so I'm taking my positions down to the minimum. You know, these are big cyclical positions and they have a lot of beta.”