🚨The US SPR just dropped ANOTHER 8.330 million barrels in a single week its lowest level since 1983.
The Iran deal is being signed Friday.
The emergency is still happening right now🛢️⚡
Week after week.
Consecutive draws... No pause⚠️
The US has released 172 million barrels since March as part of a coordinated 400 million barrel IEA emergency draw the largest intervention in IEA history.
And the bleeding hasn't stopped 📉
The deal is real.
The price relief is real.
The structural damage is still being written with multiple million barrels at a time⚡
Do not miss the full analysis.
Link in the comments 👇
We’ve got work to do…
If there’s one thing my dad taught me that I want to teach my son, it’s this:
You are capable of taking action to create a desired outcome. Work hard. It may not always work out, but you will increase your odds of good things happening in your life.
This is a closer look at Obsidian Energy's $OBE.TO newly acquired Peace River land.
All existing wells are shown. Almost all are old and suspended verticals. It is unexplored by modern multi laterals.
This morning I’m reading “alarmingly low US distillate stocks” ~7MM bbls above operationally challenging levels, and Mercuria head of freight saying 10% of global ships could be forced to stop NEXT MONTH due to fuel shortages. This is how we go from oil pricing deficits to pricing shortages.
API Inventory Moves 6/2/26
Crude -6.75 million (exp. -3.6 million)
Gasoline +3.45 million
Distillates -214,000
Cushing -279,000
SPR actual -8 million
#oott#crudeoil#gasoline#API
🔥This is huge.
🚨Princeton University Investment Company just walked back its divestment from publicly traded oil & gas companies.
💥If this becomes a trend, it’s a historic reversal.
https://t.co/hMLRnFiAew
More millionaires will be made in mining and commodities over the next 5 years than in AI.
I know that sounds wild. Hear me out.
AI runs on copper, nickel, lithium, uranium. Every datacenter, every robot, every EV.
The catch: we haven't sanctioned a major copper mine in over a decade. Discovery curves are flat. Discovery to production takes 15+ years.
Exploding demand meeting structurally constrained supply. Textbook setup for a generational commodities bull run.
AI gets the headlines.
The shovels get the returns.
Full conversation: https://t.co/icf4kdliTS
CNN confirms a massive economic disaster. They reveal the Trump administration's disastrous war will keep gas and oil prices skyrocketing until 2032.
The global supply chain is completely collapsing, making food and shipping permanently unaffordable.
API Inventory 🚨🚨🚨
crude -9.1 million (exp. -3.4 million)
gasoline -5.8 million
distillates -1.0 million
Cushing -1.4 million
SPR actual -9.9 million
#oott#crudeoil🤑🤑🤑