CPI Data and China Easing COVID Policy Hits Commodity & Energy Prices: Could the U.S. Run Out of Diesel?

Energy markets higher w/ sharply lower dollar and China easing COVID policy. What’s the outlook for energy prices and could the U.S. run out of diesel supplies? Michelle Rook asks John Wenzel with StoneX Financial.

Energy markets are sharply higher with the sharply lower dollar and the easing of China’s COVID restrictions. What is the outlook for energy prices and what about the diesel shortage? Are we in jeopardy of running out of diesel supplies in the U.S.? Michelle Rook talks with John Wenzel with StoneX Financial.

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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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