‘Bloomberg Commodities Edge’ (02/13/2020) – Full Show

‘Bloomberg Commodities Edge’ (02/13/2020) – Full Show

with a bear market is the corona virus eats into demand.. IEA is the latest with crude slipping on virus fears saying the. global oil demand is going to drop this quarter for the first. Baltic Freight Index went negative which is an indication just. different from from the other commodities with lets us take. Let's take natural gas.. not cheap enough to then justify floating storage.. let's say 3 or 4 million barrels per day.. mysterious about oil that sits very differently just like. J K M now trading at a discount to Europe not to the U.S. .. Because we saw that you know if you look at one way to. think about natural gas China is the most short natural gas of. demand has got to hit the imports immediately.. You know we don't see it in the loading data.. agree with the IEA now who is very careful today.. Like what's the trade on the back end of the curve.. levels higher than what we've seen last year.. And I think that's what the equity markets are pricing. The equity markets are looking at a big stimulus coming. China is a big producer of product.. should