Technicals Are Turning From Tailwind To Headwind: Goldman Delta-One Desk Warns From Here 'Risk/Reward Looks Worse'

Another jumbled set of headlines over the weekend, but as Goldman's Delta-One desk-head, Rich Privorotsky, warns, objectively a lack of anything tangible.

That said, latest line is that Iran has floated a pathway where the US gets a reopening of the Strait in exchange for a deferred discussion on nuclear capabilities.

Need More Oil