October 11, 2026CommoditiesMacro·Bearish·commodities
JPMorgan warns October beginning to look like April as crude shipping costs skyrocket, not expected to change soon
JPMorgan has released a new oil report warning that October is beginning to look like April, as the cost of shipping crude skyrockets and is not expected to change soon. The bank had claimed two weeks ago that Hormuz flows were near pre-war highs.
Detected & updated continuously · Source: Nebula
Story subjects
JPMorgan Chase & Co.Crude Oil