@MartyBent Your subscription doesn't cover the actual cost of all the AI you are using, Marty.
Its that simple. When they start charging you the real rate you will be flabbergasted.
Russian convoy w/ 2 corvettes should be at Hormuz in 7-14 days. Get your popcorn ready. and they have AIS on for now. https://t.co/f8WnhstARj
@Matt_Bracken48
@mattpheus@Matt_Bracken48 your transit numbers are quite high, and don't match up with https://t.co/86Fg2rwtV9 using using satelites with synthetic aperature radar.
Are these numbers counting super small fishing boats and such?
The geopolitical version of drunkenly sucker-punching a much smaller guy at a bar because your girl told you the smaller guy was looking at her funny...only to discover the much smaller guy knows Brazilian Jiu Jitsu and has taken you down to the ground & begun to choke you out๐
While we await for the deal, I think we can already highlight a few oil lessons:
1) Although we donโt yet understand how, China can reduce oil imports massively (>5m b/d cut)
2) Saudi/UAE bypass pipelines work
3) OECD nations can release their SPR at flow rates of >2.5m b/d
A Peace deal with Iran is imminent. The Hug is happening. If the Iranian uranium is being given to the US, a bomb is about to go off in domestic American politics. That too will end in a hug, but first there's going to be a serious confrontation. To remind, Trump wants to prove that the origin os Iran's uranium is American, i.e. previous American political leaders didn't just send cash to Iran. They sent fissile material. So get ready to celebrate the peace deal with Iran and buckle up for a punch-up inside the US. America will be facing its shadow, which is a precondition for peace deals in collaboration with China (N Korean Armistice gets lifted) and Russia (Ukraine gets resolved).
https://t.co/WoXrrSMt9u
#hugishappening
@shipwreckedcrew So, turns out you were pretty wrong here. Happens to the best of us.
Time to ask some questions, re-assess your assumptions, figure out what is wrong with your analytical process.
BREAKING: Iran's Fars News releases a statement following President Trump's post stating a US-Iran deal would be announced "shortly" earlier today:
"It should be noted that American officials have acknowledged in multiple messages to Iran that Trump's posts are primarily for promotional purposes and media consumption within the US, and they have recommended that no attention be paid to these statements," Fars News says.
The most logical explanation for this is that China has way more oil storage than anyone in the west or the oil industry knows about. China can go a LOOOOOOOONG time before they are in trouble regarding oil.
The scale of the reduction in Chinese oil imports is increasingly difficult to explain with available data.
On paper, Beijing is currently running its economy with ~1/4 less oil than pre-war. But demand destruction (or shift in petchem feedstock) can hardly explain *all* of it. So is China drawing hard on difficult-to-track commercial stocks of refined products? Has it tapped underground SPR sites? All of the above?