Energy supply: what's the shipping story doing to prices?

Shipping disruption around the Strait of Hormuz has kept Brent above $100 this month (report). Supply logistics are now a first-order market input.

Energy supply: what's the shipping story doing to prices? — risk-reward diagram
A risk-reward ratio of 1 to 2

What are you watching?

  • the shipping and supply signals you follow
  • how supply risk feeds inflation expectations
  • the currency reactions you're seeing
Energy supply: what's the shipping story doing to prices? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Background: oil prices and the Canadian dollar.

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