China's Idle Oil Refining Capacity

The video discusses the impact of US refinery issues on gasoline prices, highlighting the supply constraints that have led to increased prices at the pump. It contrasts this with China's market contraction due to COVID-19 policies, creating a complex scenario for traders. The video also explores market expectations beyond the summer season, focusing on central bank guidance. Finally, it examines the Federal Reserve's potential influence on oil prices through aggressive rate hikes aimed at controlling inflation.

What are the expected market conditions for gasoline prices beyond the summer season?

What impact could the Federal Reserve's actions have on oil prices?