PODCAST: Daily Energy Markets - July 2nd

Uh, good morning everybody, and welcome to the Daily Energy Markets podcast, uh, the last of the season, uh, before we can say the last of the summer wine.

Uh, but the last of the '25, '26 season, uh, as we go into the, uh, July 4th weekend.

We wish all our American friends and colleagues a very happy July 4th, and congratulations, you're nearly about a quarter age of the rest of us, uh, at 250 years of age.

Um, uh, the news this morning ultimately as we think about the two months of the summer ahead of which we will be off, uh, on the beach or wherever we might be, Brent crude oil still falling, 70.72, uh, but down over percent again today.

And, uh, WTI a few dollars back well into the 60s.

Uh, so this is a market that does seem to want to kinda keep getting softer, um, even though there is no shortage of reasons why one might be a little bit more concerned about supply.