Oil, Central Banks, Earnings, and Intel
Bloomberg Intelligence
00:00
How to Play Earnings as a Trader
The key thing to remember about energy equities versus underlying energy measures, as measured by the Bloomberg Energy Commodie Index, is the equities typically outperform. "There's no replacement for displacement there," says Mike Downey of oil production in the Permian Basin. The U.S. is consuming about 9 million barrels a day of motor fuel gasoline, which includes ethanol and no matte lopes at. Compared to 2019 in July, that's 5% below.
Play episode from 04:40
Transcript
