Harrison

Oil Trading and passionate about it. Love creativity, smart people and down to the earth behavior. All views here are mine.

[Madrid Zone @theMadridZone]

🚨 BREAKING: The European Parliament has called for an INVESTIGATION into FIFA President Gianni Infantino regarding his management. @espn

[بهاء خليل Bahaa khaleel @rosemag_3]

هذا الهدف المصري الملغى
سيبقى شاهدأ على فساد الفيفا
الى الابد

[د. أحمد عطوان DR.AHMED ATWAN @ahmedatwan66]

✍️فيديو توثيقي التاريخ …
هذا المقطع نشره واحد من أفضل النقاد الرياضيين في #أسبانيا وكتب عليه التعليق :
🔴هذا أبشع وأفسد تحكيم في تاريخ كرة القدم والرياضة.
🔴مصر كانت ضحية سرقة القرن 🇪🇬
🔴الفيفا ستظل يده ملطخة بهذه الجريمة مدى الحياة
🔴شاهدوا الجريمة وكيف يقدمون كل هذه المساعدات لميسي و الأرجنتين.؟
#كاس_العالم_٢٠٢٦

[Nick Sortor @nicksortor]

🚨 BREAKING: A Boeing 737-400 freighter has gone missing in the Indian Ocean, just past the Gulf of Oman, after taking off from the UAE

Flight tracking data shows an EXTREMELY rapid descent, dropping approximately 35,000 feet in less than 2 minutes, before disappearing from radar entirely.

Pray for the souls on board. A search and rescue operation has been launched.

It's not currently known what would have brought down the plane.

The K2 Airways cargo plane (AP-BOI) was reportedly en route to Karachi, Pakistan.

[Harrison @HarrisonAnar]

@JKempEnergy And what is the price of Oil products per bbl basis? Anyone calculated ?

[Harrison @HarrisonAnar]

@DavidInglesTV Have you checked the price of Oil products?

[Şəfəq Fərzalıqızı🇦🇿 @SfqFerzaliyeva]

Ermənilərdən növbəti saxtalaşdırma...😡😡
Bu səfər Azərbaycan xalq mahnısı "Aman Tello" üzərindən oğurluğa cəhd edilib. Şərəfsizlik bitmir...

Parisdəki konsertlərin birində "Aman Tello"nun erməni musiqisi kimi təqdim edilməsi və mədəni mənimsənilməsinə cəhd edilib.

[Mark @Mark4XX]

CHINA FORFEITS 450 MILLION BARRELS IN ONE MONTH: WHY OIL PRICES ARE CRASHING DESPITE RECORD INVENTORY DRAWS

Eric Nuttall, Senior Portfolio Manager of Ninepoint Energy Strategies, revealed the single biggest reason oil prices have collapsed despite record-low inventories. China quietly slashed its oil imports by 4.9 million barrels per day in June alone, forfeiting nearly 450 million barrels and draining its own hidden stocks. This massive move has temporarily masked the true tightness in the physical market and created one of the largest disconnects between fundamentals and price in decades. The result is oil trading in the high 60s while the real balance sheet screams much higher.

THE INVENTORY REALITY CHECK
➡️ Global oil inventories are at the lowest levels ever seen for this time of year.
➡️ We have moved from a 177 million barrel surplus before the war to a 141 million barrel deficit relative to the five-year average.
➡️ Total inventory draws since the conflict began reach 430 million barrels, creating a 508 million barrel swing compared to last year.
➡️ US commercial oil inventories now sit at their lowest level since at least 2016.

THE PRODUCT SHORTAGE SIGNAL
➡️ Gasoline and distillate stocks show clear shortages in key regions.
➡️ Refinery crack spreads for gasoline and diesel have hit all-time highs, up 182 percent year to date.
➡️ These extreme margins prove strong underlying product demand that contradicts the weak price action.

THE STRATEGIC RESERVE FLOOR
➡️ US strategic petroleum reserves have fallen to 325 million barrels.
➡️ That is the lowest level since June of 1983.
➡️ Advisers close to the issue see 300 million barrels as a practical floor the market cannot breach without serious consequences.

THE CHINA STOCKPILE DRAIN
➡️ China cut oil imports by a staggering 4.9 million barrels per day in June.
➡️ They have forfeited nearly 450 million barrels of imports in a single month, drawing down invisible domestic stocks.
➡️ Yet every mobility indicator from flights to road traffic shows demand remains very strong.
➡️ This buying behavior is unsustainable and the return of Chinese demand will expose the real tightness.

THE TEMPORARY SUPPLY SURGE
➡️ Post-truce tanker traffic out of the Strait has surged to about 10 ships per day.
➡️ Roughly 140 million barrels of previously sanctioned Iranian oil are now accessible to the market.
➡️ Still, 9.4 million barrels per day of regional production remains shut in across the Middle East.
➡️ The market is absorbing a short-term flood that analysts expect will fade within one to two months.

THE FINANCIAL MARKET BLIND SPOT
➡️ Speculative net length in oil has collapsed back to pre-war levels.
➡️ The paper market is pricing oil as if the anticipated glut from before the conflict is still here.
➡️ Physical fundamentals point to an implied fair value of 130 to 140 dollars per barrel.

THE ADMINISTRATION RESPONSE
➡️ Vice President JD Vance stated the goal is to refill the world's oil economy and restock supplies.
"What the president has told us to do is to use this to sort of refill the world's oil economy to refill some stocks and then see where the hand is."
➡️ The timing of the truce announcement right before the market open showed clear concern over energy price impacts ahead of the midterms.

THE BOTTOM LINE
The oil market is far tighter than current prices suggest because China temporarily drained its stocks and a post-truce supply surge is hitting all at once. Once those barrels are absorbed and China returns as a buyer, the real shortage will become impossible to ignore. Energy stocks are already discounting around 60 dollar oil while the marginal cost of new supply sits near 70 dollars.

The rebound in oil prices is closer than the market thinks.

HT: YouTube Ninepoint Partners @ericnuttall
#OilShortage #ChinaOil #InventoryCrisis #EnergyMarkets #OilPrices #MarketRebound #GeopoliticalOil

[Farid Shafiyev @shafiyev_farid]

"Kond" or "kənd" means "village" in Azerbaijani language. It is the historic neighbourhood in Yerevan (Erivan), once inhabited by Azerbaijanis. Kond is among very few surviving remnants of the Azerbaijani legacy. The rest is wiped out.
Once you start speaking about the Azerbaijani heritage in Armenia, the army of Armenian trolls along with some Western experts scream that you advances a territorial claim.
The acceptance of the centuries-long heritage is not a territorial claim. It is a process of reconciliation. It requires a broader vision, which is absent in Armenian and some Western narratives.

[Harrison @HarrisonAnar]

@ndukaomeife This is very true!!!

[Experience Azerbaijan @ExperienceAZE]

Some places do not need filters to tell their story.

Near Shah’s Spring, just 10 km from Aghdam city, Shahbulag Fortress rises from the landscape with quiet strength. Built by Panahali Khan, the founder of the Karabakh Khanate, and completed in 1751–1752, the castle stands as one of the simple yet powerful examples of military architecture from the time of Azerbaijan’s khanates.

Made from roughly hewn stones, its walls carry the weight of centuries, shaped by history, guarded by nature, and still rooted in the land around it.

In this rare moment, a double rainbow stretches above the fortress, adding colour to the raw beauty of Aghdam’s heritage. Stone, sky and light come together in one frame, reminding us how deeply Azerbaijan’s stories live in its landscapes.

Discover Shahbulag Fortress, where Karabakh’s history meets the open sky.

#ExperienceAzerbaijan #VisitAzerbaijan #ShahbulagFortress #ShahbulagCastle #Aghdam

[Harrison @HarrisonAnar]

@huysmedia This is Azerbaijani song, Azerbaijani musical instruments! STOP STEALING

[Experience Azerbaijan @ExperienceAZE]

Welcome to Azerbaijan, where stone cities remember Silk Road stories, and glass towers rise just a few streets away. One moment you’re in ancient alleys, the next you’re facing the endless Caspian horizon. A country where East meets West in the most unexpected, very real way.

📸 @ gismetmehdiyev @ andrejabali @ turalmaxmudov @ byfiira @ togrulavshar @ llkinbabayev

For more information, visit https://t.co/RsJHmYUhUj ❤️

#azerbaijantravel #azerbaijan #experienceazerbaijan

[Experience Azerbaijan @ExperienceAZE]

Laza – a staircase to the clouds, surrounded by the majestic peaks of the Greater Caucasus and overlooking the mighty Shahdag Mountain.

Just 15 minutes from Shahdag Mountain Resort, this picturesque village is known for its dramatic landscapes, distinctive local cuisine, and warm hospitality. Enjoy a glass of tea beside a waterfall, explore the village’s breathtaking scenery, or begin the scenic hike to Kuzun, where new waterfalls reveal themselves along the trail.

A place where mountain life, nature, and adventure come together in one unforgettable experience.

Checkout @ shahdag.resort for accommodation options.

#AzerbaijanTravel #ExperienceAzerbaijan #mountainvillages #hikingdestination #naturetravel

[Harrison @HarrisonAnar]

@ChrisKostopoul2 @AzizSapphire @trend_bullish @CommodMkt You can “package” in this terminology if you want

[Harrison @HarrisonAnar]

@AzizSapphire @trend_bullish @CommodMkt You asked … I answered what I see daily

[Harrison @HarrisonAnar]

@AzizSapphire @trend_bullish @CommodMkt Asia in naphtha and China is buying 5 million less crude

[Harrison @HarrisonAnar]

@AzizSapphire @trend_bullish @CommodMkt Europe on middle distillates

[Harrison @HarrisonAnar]

@AzizSapphire @trend_bullish @CommodMkt It won’t normalize soon. But let’s be honest: it is NOT about flat price. If market is tight OR will be tight, it will be seen on firmer and stronger spreads.