🛢📝 If you thought March was the ultimate rock bottom, don't forget that there’s always a basement below the floor.

The preliminary data for mid-April is already in, and OPEC+ exports are looking even worse than March.

Resuming traffic? Folks talked like the ceasefire would be a silver bullet, but honestly things look even worse now than they did before the truce.

It’s getting really hard to imagine we’re going to get through this without any major fallout.

🔗 CrudeOil231