Maintenance in progress

a senior federal reserve official said this week's treasury sell-off means the bank must earn back credibility on inflation through rate increases, as kevin warsh takes over as chair and adjusts communication. meanwhile vortexa analysis says china's crude buffer built since 2025 could be largely drained within four months at current draw rates, while us strategic reserve depletion and rising exports push the other way. two large inventory positions moving in opposite directions under the same set of chokepoint risks.

us central bank remarks, commodity flow analytics