The Officials with Jorge Montepeque: Gong Xi Fa Cai! Long Until Monday | S2 E2

In this episode of The Officials, Jorge, Ed, Will and Martha delve into the fast-moving dynamics of the global oil market, exploring the bullish trends driving prices above $82/bbl and the geopolitical forces fueling this surge.

Key topics in today's episode include:

• The impact of impending U.S. sanctions and tariffs under the Trump administration.
• A scramble for crude as nations like China and India rush to secure supply ahead of potential restrictions.
• The astonishing premiums on Dubai-related crude and the winners and losers in this volatile environment.
• Insights into Europe’s crude shortages and the broader implications for global markets.
• Fear-driven pricing, production challenges in Texas, and how weather is influencing supply dynamics.

Plus, reflections on economic shifts, rising interest rates, and what lies ahead for oil prices as we enter the Lunar New Year.