Our oil markets are fake.
At 4:29 am yesterday morning, 5,120 oil contracts (5.12 million barrels) were dumped in a single one-minute tick. That's 34 times the prior average volume!
This isn't price discovery - it's price *setting*. With inventories plunging and the price held artificially low, this ends badly.
Full report: https://t.co/VJKlhEaNix
The Houthis are now systematically targeting ARAMCO oil facilities. First Jizan and Yanbu, now the most important of all: Abqaiq
There is heavy censorship on the scale of success and damage so far, but the truth cannot be hidden forever, especially with SoH and BeM already shut
This post deserves to go viral for the benefit of the general public, who are not allowed to know what's really going on, while they will bear the full consequences of these reckless actions in the near future.
Oil jumped from $80 to $120 in 2022 when the world thought 3 million barrels of Russian oil might come off the market. The current energy crisis is inarguably far worse. If the price does not dramatically increase, we are simply going to burn through all our supply.
Full interview: https://t.co/tYI1QLyh9b
@HormuzLetter@grok doesnt this mean the US have lost? Iran shows no intention of giving up despite the funadmental noise design to get algos into dropping oil prices.
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