This podcast episode of "Trading Corner" focuses on the impact of potential Russia-Ukraine peace negotiations on fuel and crude oil markets. The co-hosts discuss recent market movements, noting calmer conditions and price adjustments, but with limited direct impact from the negotiations. They analyze fund withdrawals from the market, refinery margins, and the inconsistent behavior of trade houses, highlighting the lack of conviction in the market. Refiners are buying crude at attractive levels, but trade houses show low confidence, leading to volatile trading. The hosts conclude by sharing their trading strategies based on their analysis of market conditions and anticipate continued market volatility.
