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* FIEND'S SUPERBEAR MARKET
REPORT *
* June 12,
2025 *
* *
* e-mail:
fiendbear@fiendbear.com
*
* web
address: http://www.fiendbear.com *
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Fiend Commentary
================
Oil's
5% Jump Above $68: A Wake-Up Call for Inflation
Oil
surged more than 5% on Wednesday, pushing WTI past $68 per barrel—its highest
level since early April. Several key forces drove the move:
1. Middle East
tensions:
The U.S. evacuated non-essential embassy staff from Iraq amid escalating
concerns over Iran, injecting fresh geopolitical risk into the market.
2. Trade
optimism:
Progress in U.S.–China trade talks improved demand sentiment, with expectations
for stronger diesel and jet fuel usage in the second half of the year.
3. Tighter U.S.
supply:
Domestic crude inventories dropped by 3.6 million barrels last week—well above
expectations—bringing stockpiles nearly 8% below the five-year average.
What This Means
With
oil prices up and tariffs set to kick in soon, the streak of tame inflation
reports may soon end. Gasoline and freight costs could start creeping higher,
and that pressure could flow downstream into consumer goods and services.
Bottom Line
This
move above $68 isn't just noise—it may be an early
warning. If oil pushes past $70 and holds, it could mark the start of another
inflation wave, just as policymakers and investors start to let their guard
down.
Weekly Market Summary Page
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