Goldman exec cites lower oil product flows through Hormuz
Goldman Sachs exec says oil product flows out of the Strait of Hormuz are at 35% of pre-war levels, vs 70% for crude oil.
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Goldman Sachs exec says oil product flows out of the Strait of Hormuz are at 35% of pre-war levels, vs 70% for crude oil.
Report says oil product flows out of the Hormuz Strait are at 35% of pre-war levels, versus 70% for crude oil.
When the Middle East conflict spikes, most investors rush to oil stocks and crude futures. That reaction makes sense, but it can miss a trade that often becomes just as important when geopolitical risk hits a major shipping chokepoint: the companies that can make more money when moving oil become slower, riskier, and p