Podcast: Peak fear and the return to normal: Crude markets find their footing
6 November 2025
Time to read: minutes
In this episode of Trade with Conviction, Rachel, Neil, and June dissect the current crude oil landscape — from easing sanctions anxiety and shifting Chinese buying patterns to the tug-of-war between term and spot contracts. They dive into the changing dynamics of Russian crude flows, China’s strategic reserve buildout, OPEC’s cautious moves, and a freight market on fire, painting a picture of a market that’s steadying after turbulence but far from dull.