Oil Market Bigger than the Top 10 Metal markets combined.
Oil alone > iron ore + #GOLD + #copper + aluminum + nickel combined.
Why it matters?
โข Oil sets inflation
โข Oil drives trade balances
โข Oil anchors geopolitics
โข Oil underpins petrochemicals, transport, power
This isnโt just another commodity.
Itโs the largest physical market on Earthโ ๏ธ
When oil moves,
everything else adjusts.