Global economics, currencies, and macroeconomic analysis by Robin Brooks
Calls for $200 oil have not materialized, Robin Brooks argues
Robin Brooks questions recent forecasts for $200 oil, describing such projections as apocalyptic and ultimately inaccurate both now and in 2022. He suggests that despite measures like blockades ...
Robin Brooks: Brent crude expected to remain in $80-90 range as risks persist
Robin Brooks believes Brent crude oil will likely trade within an $80-90 range for the foreseeable future, citing ongoing war-related uncertainties and a persistent risk premium in prices. Brooks ...
Dollar near highs versus G10 but lows versus emerging markets, Robin Brooks notes
Robin Brooks highlights a significant divergence in the performance of the Dollar against G10 currencies compared to emerging market currencies. According to Brooks, the Dollar is trading near ...
Robin Brooks: Brent oil near $85 expected to lower U.S. gasoline to $4 per gallon
Robin Brooks forecasts Brent oil prices approaching $85, which he believes will bring the average U.S. gasoline price down to $4.0 per gallon. He notes that markets are reaching these targets ...
Iran energy exports set to decline sharply in Q4 2025, Robin Brooks underscores
Robin Brooks highlights that Iran's balance of payments data for Q4 2025 shows a steep drop in energy exports, emphasizing their central role in the country's economy. According to Brooks, the ...
Robin Brooks: U.S. crude exports help hold down global oil prices
Robin Brooks explains that one key factor preventing oil prices from reaching $200 has been the surge in U.S. crude exports. He points to a massive increase in crude exports in April, ...
Oil price forecasts miss key factors, Robin Brooks argues
Robin Brooks challenges recent apocalyptic oil price forecasts issued by multiple commodity forecasters. He asserts that these predictions have been consistently incorrect for the past three ...
Robin Brooks: Inventory depletion alone will not drive oil prices much higher
Robin Brooks addressed audience questions during a recent live stream by explaining that inventory depletion, on its own, is not a sufficient catalyst to push oil prices significantly above their ...
Oil prices remain flat despite bullish signals, Robin Brooks notes
Robin Brooks observes that this week may mark a turning point for oil prices. He notes that despite strong bullish efforts, the absence of major headlines about a peace deal, and robust U.S. ...
Robin Brooks: Ongoing oil price panic is not supported by new information
Robin Brooks highlights that the current surge in oil prices marks the third major panic since the war began. Brooks notes the Strait has been closed for three months, emphasizing that there is ...
Brent rises 60 percent from before war, Robin Brooks notes
Robin Brooks argues that recent fears over rising oil prices do not account for how the market has already priced in key factors, such as declining inventories. He points out that Brent crude is ...
Robin Brooks: Market disconnect as oil drops but Fed hikes still expected
Robin Brooks highlights a current disconnect in financial markets. Oil prices have fallen significantly from their highs in early April, yet rates markets continue to price in interest rate hikes ...
Brent could reach $85 a barrel and gas prices fall to $4, Robin Brooks predicts
Robin Brooks discusses the potential impact of a peace deal on Brent crude oil prices and gasoline costs. He suggests that if an agreement is reached, Brent could move to $85 a barrel and gas ...
Robin Brooks: War with Iran and inflation fears are temporary drivers of higher yields
Robin Brooks argues that war with Iran and related inflation concerns are likely to push long-term yields higher, but views these forces as temporary. He suggests that yields will decrease once ...
Korean oil imports rose from Canada and Malaysia, Robin Brooks notes
Robin Brooks questions forecasts that Brent oil prices would rise to $200 due to supply shortfalls. He points to data showing that while Korea reduced its imports from Saudi Arabia, the country ...
Robin Brooks: Peace deal could cause oil price to fall to $85 soon
Robin Brooks predicts that a peace deal is closer than ever since the start of the war. He suggests that if an agreement is reached, oil prices could decline rapidly, possibly reaching $85 in ...
Oil supply timeline emerges in U.S. and Iran standoff, Robin Brooks notes
Robin Brooks discusses the market uncertainty surrounding the ongoing standoff between the U.S. and Iran, particularly regarding when a potential oil supply crunch could significantly impact ...
Robin Brooks: Weekly live stream to cover global bond market sell-off
Robin Brooks will host a weekly live stream tomorrow morning at 10 a.m. ET, where he plans to provide updates on the ongoing blockade and peace negotiations, as well as developments in Canada and ...
Yen rebounds quickly after intervention, Robin Brooks notes
Robin Brooks highlights that Japan is using official foreign exchange intervention with increasing frequency. According to Brooks, each intervention appears to be less effective, as the dollar-yen ...
Robin Brooks: Global bond market sell-off shaped by Japan's low yields
Robin Brooks joined a recent episode of the 'Trumponomics' podcast hosted by Stephanomics and John Authers to discuss the current global bond market sell-off. In the conversation, Brooks addressed ...
G10 bond markets see increased blow-ups and currency drops, Robin Brooks notes
Robin Brooks highlights that 'Liz Truss'-style blow-ups in bond markets, where currencies experience sharp declines, are becoming more frequent within the G10 countries. He points to the U.S., ...
