Mike McGlone
speaker
230 appearances
31 recordings
1 series
first heard Feb 2026
last heard 21 Aug
Mike McGlone’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 31 in all, peaking in Jun 2026 with 13.
Appearances
The U.S.
in the western hemisphere with the U.S.
in the middle is now the price maker status in crude oil.
It is an oversupplied market with a bit of an aberration at the moment in the Gulf.
And as we get to normalize a little bit, we'll switch back to an oversupplied market.
In the U.S., the largest producer, that's around $55 a barrel.
Bloomberg News Now · Trump Remembers Lindsey Graham, US-Iran Trade Strikes, More · 12 Jul 2026
podcast
The key thing that's happening in crude oil is we have a significant bifurcation between the actual price of crude oil, which I think is going to head lower, and the price of gasoline and diesel, what we call distillates at the pump.
And that word we use for that is the crack spread, the spread between what actually is refined from crude and what the underlying foundation of crude is.
And the crack spreads have reached the highest almost ever, but very similar to what we got in 2022, which marked a peak in price, and then everything rolled over back lower.
Bloomberg News Now · Tit-for-Tat Attacks Test US-Iran Ceasefire, Oil Flows, More · 28 Jun 2026
podcast
Remember, that's retail.
It's on the street what you pay.
And then what we deal with crude oil, that's wholesale.
The key thing, though, is...
I think he's right.
Prices will go back down to where they were before the war.
But now we're in summer driving season.
That's when prices are typically high.
I think we go back down to $2.90.
Bloomberg News Now · Tit-for-Tat Attacks Test US-Iran Ceasefire, Hormuz Traffic, More · 28 Jun 2026
podcast
Remember, that's retail.
It's on the street what you pay.
Showing 21–40 of 230 · page 2 of 12
← Previous
Next →