Trading Corner: The Widow Maker | Ep 11

Manny and James dive into the dynamics of crude oil and refined product markets as the year winds down. They analyse Brent spreads, distillates, and gasoline demand trends, highlighting bearish sentiment for next year balanced by current storage economics. They discuss refinery margins, potential impacts of cold weather on markets, and trading strategies for Brent spreads and gasoline heading into summer. With an eye on OPEC+ actions, freight dynamics, and shifting demand between regions, they weigh the implications of a relatively calm market environment.