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Oil Tops $107 as Saudi Supply Shock Collides With 88.7% Fed Hike Odds
Oil is suddenly becoming the macro market’s biggest inflation threat. A Saudi East-West pipeline was temporarily shut down after drone attacks, which pose a threat to up to 4% of global supply, pushing Brent futures above $107 a barrel and WTI toward $103. The oil surge is colliding with hawkish Fed bets, with 10-year Treasury […] Read The Full Article Oil Tops $107 as Saudi Supply Shock Collides With 88.7% Fed Hike Odds On Coin Edition.
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