Massive US Crude, Corn Supply vs. Surging Prices Crude oil prices are spiking and North American supply excesses are surging, raising questions about sustainability. Approaching 40%, the surplus of US and Canadian crude and liquid-fuels supply vs. demand is on a record-setting trajectory, and roughly matches WTI crude oil's premium to its 60-month moving average. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tf86h9kiupxc {BI COMD} #crudeoil #corn @BBGIntelligence(Mike McGlone)