Steve Grasso

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Steve Grasso

Steve Grasso

@grassosteve

CEO Grasso Global | Wall St/NYSE pedigree | CNBC Fast Money regular | Advisor to corporate boards | Keynote speaker at conferences & business roundtables

New York Katılım Mayıs 2011
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Steve Grasso
Steve Grasso@grassosteve·
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Steve Grasso
Steve Grasso@grassosteve·
WTI vs BRENT — Know what you’re looking at. Headlines screaming WTI flipped above Brent. NOT exactly right. WTI = May front month. Brent already rolled to June. Apples to oranges. This is known as the roll trap. June/June? Brent still holds premium. BUT the compression is REAL: • Hormuz choke = seaborne crude at risk • WTI (Cushing/Gulf) = accessible, exportable, safe supply • Buyers rotating INTO WTI as the safe deliverable benchmark • WTI backwardation at RECORD levels (backwardation = spot price higher than future price — market paying up for barrels RIGHT NOW) Deferred curve tells the other story. Brent Dec ’26 ~$79. WTI mid-$70s. Both benchmarks still pricing this as a SHOCK — not a structural reset. Front end on fire. Back end pricing resolution.
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Steve Grasso
Steve Grasso@grassosteve·
Wishing a blessed Easter to all who believe. Today is a reminder that hope is real, grace is greater than our failures, and light always finds a way through the darkness. He is risen. 🙏
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Steve Grasso
Steve Grasso@grassosteve·
Yeah I know the rail route exists — been running for a while now. But you’re mixing up two totally different things. That line moves consumer goods and machinery, not oil. Kharg handles something like 90% of Iran’s crude exports — that’s not a chokepoint, that’s basically the whole thing. Shut it down and no amount of train traffic to Beijing keeps the lights on in Tehran. We’re talking about the difference between supply chain convenience and existential revenue.
codemogul@codemogul

Hey @grassosteve, you know that Iran maintains trade with China (and others) via an overland rail route that has been in operation for more than 9 months now? cc @GuyAdami eurasiantimes.com/first-freight-…

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Steve Grasso retweetledi
Abacus Global Management
Abacus Global Management@AbacusGM·
“Financially, the company generated $178.6 million in realized gains from portfolio transactions in 2025, compared to $49.3 million in unrealized gains. This highlights Abacus’ ability to effectively monetize its assets and convert portfolio value into tangible returns. By year-end, the company held $468.9 million in policies on its balance sheet at fair value, providing a strong foundation for continued growth.” Watch $ABX Chairman & CEO Jay Jackson’s interview below:
Proactive@proactive_x

Abacus Global reports record 2025 performance with $580M deployed @AbacusGM proactiveinvestors.com/companies/news… #proactiveinvestors #abacusglobalmanagement #nasdaq #abl #EarningsBeat #FinancialGrowth

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