Geopolitical Uncertainty Brings Quiet to Futures Market

The video discusses the current state of the oil market, with Russia maintaining steady oil output and crude prices down. Larry Schober from SFG comments on the quietness in the market, attributing it to geopolitical issues and shifting expectations. The discussion explores potential binary outcomes and market tensions, emphasizing the complexity of deals and their iterations. The video also covers interest rates, particularly the 10-year yield, and the impact of potential deals on market scenarios.

What is Russia's current stance on oil output according to the energy minister?

What factors are contributing to the quietness in the oil market as discussed by Larry Schober?

How does Larry Schober describe the current trading environment in the market?

What are the implications of a potential deal on the 10-year yield according to the discussion?

What does Larry Schober suggest about the market's conditioning to different scenarios?