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.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 31 in all, peaking in Jun 2026 with 13.
Appearances
It's its own worst enemy.
It takes everything down.
and then it'll eventually go down.
If this continues, crude oil can be its own worst enemy.
When it spikes at this velocity, it usually ends up going lower, and I'll end with one key example.
It seems like to me it's very similar to 2008.
Crude oil peaked at 147, and by the end of the year, it was down to 32.
By the time we get to midterms, I think that WTI crude oil future contracts more likely to be closer to 50.
This needs to be resolved.
I mean, they're a genuine dispute about ice reforms.
I think no one wants to see a return of what we saw in Minneapolis.
I think the key thing is when we wake up Monday morning or Sunday night, and again, if we have another day with a lack of Iran to have offensive capabilities, this is the beginning of the end.
Crude oil's probably peaked at 120.
And here's a key thing.
By the time we get to the midterms, the December crude oil contract is when it's going to be this matters.
That one right now is at $78 a barrel.
I fully get expected to be down by 50 by the time we get to midterms.
Bloomberg News Now · Trump Addresses Iran Operations, Strikes to Continue, More · 1 Mar 2026
podcast
Crude oil was already up 20% on the year.
Brent running near very good resistance, around $72 a barrel.
And the key question is, will there be a reduction, a sustained reduction in supply?
Showing 121–140 of 230 · page 7 of 12
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