OPEC

  1. That’s an interesting thought: whatever China was putting into it’s reserves up until the Iran war was counted as consumption…

  2. I feel like we’ve reached that point, but with the insane volatility and the 500 million paper barrels they dumped…

  3. https://gulfnews.com/world/americas/37-times-trump-claimed-an-iran-deal-was-near-what-s-going-on-1.500568358 “38 times Trump claimed an Iran deal was near. ” At some point the investment world stops believing Trump’s…

  4. Maybe this SOH crisis revealed that CHina’s crude consumption has seriously dropped significantly, 3~5MBOPD. If China SPR is really 1G…

  5. And the US just launched a 3rd wave of strikes on Iran: BREAKING: *US launches a third wave of strikes…