Crude Oil May Be Too Hot, Risks Following Bitcoin Crude oil and the MSCI Emerging Markets Net Total Return USD Index topping the annual commodity macro-performance dashboard, and Bitcoin on the bottom, may reflect unsustainable trends. Crude is a commodity that breaks stuff when it surges. The 2026 rally, which pushed prices to roughly double the break-even cost of production in the US, the world's largest producer and a net exporter, may add fuel to the growing Western Hemisphere supply surplus. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tfsjtan3n0a4 {BI COMD} #crudeoil #Bitcoin @BBGIntelligence(Mike McGlone)