Odd Lots

Rory Johnston on Why His $200 Oil Prediction Didn't Turn Out Right

June 26, 2026·32 min·4-min readconversationalbusiness
Podzilla Summary (4 min)
TLDR
The episode examines why oil prices did not spike as expected during the closure of the Strait of Hormuz, despite it being the largest supply disruption in history—13 million barrels per day offline. The conversation centers on China’s unprecedented reduction in crude imports by up to 5 m

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Guest

R

Rory Johnston

conversational on Odd Lots

Mentions

Books, people, and resources mentioned in this episode.

People

Rory JohnstonTracy AllowayJoe WeisenthalTrump

Companies

Commodity Context

Products & Tools

Strategic Petroleum Reserve

Topics

Business NewsGeopoliticsGlobal NewsSupply Chain

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