Episode

Why is oil so cheap? With David Wech

Podcast: The HC Commodities Podcast
Published: Jun 16, 2026
Duration seconds: 2891
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Canonical source: https://www.hcgroup.global/
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Summary

Today, we return to the subject of oil and the impact of the Iran War. How have flows and demand changed and why are prices so relatively low? Is this a function of great PR work on behalf of the US Administration? Or is something else happening? Why, contrary to all expectations, oil prices remain relatively subdued? And how long can this go on for? Here to answer those questions is David Wech, Chief Economist at Vortexa, the energy and shipping data and analytics firm.