Oil Swings as Iran Denies Report of US Outreach to End War

We in the Midwest have the same problem we have with crude oil, massive oversupply from the US. And we have a situation where the leader of the world's largest energy producer, a net exporter of crude oil and natural gas, wants lower prices for midterms. He's going to get them.So that to me, as I look at this, is a classic peak kind of sign. So we've had key events to push prices up a colder than normal winter, pumped up natural gas, it's already collapsed. And then the first ever closure of the Strait of H ...