Crude's Deflation from Inflation May Trickle Down - WTI Crude oil is in a deflationary cycle following an inflation spike, and if the pattern since 1990 is a guide, 40 a barrel is a likely low-price cure. Staying above 2024's nadir of 65 may be an initial sign of recovery. Rising supply excesses from the US and OPEC, along with declining demand from China, are top headwinds. However, it's the potential for the US stock market's downward reversion that might matter the most. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sw8xecdwx2ps {BI COMD} #commodities #crudeoil #stockmarket @BBGIntelligence