trix

Patiently waiting on the inventories to draw down

[trix @letitrolldragon]

Did some analysis on where we are with the Oil shortage timeframes. For EIA data released for the week of June 5th.

▶️Cushing : ~2 weeks. If minimum is 16-18, that's extended another 2-3 weeks.

▶️Commercial Crude: ~3.5 weeks (early July) accelerated last week.

▶️SPR: ~3 months (early Sept) to hit 250mln.

Thank you for your attention to this matter.

[Open Source Intel @Osint613]

NOW 🔴

Fars News Agency, affiliated with the IRGC: “Any speculation about signing in Switzerland or a face-to-face meeting is nothing but a mistaken understanding of American proposals and wishes.”

[trix @letitrolldragon]

@Whateverbruhcba @SilverDegen @calvinfroedge Okay and then he will repeat the process next week and still push it down more.

He can do this as long as the US has ample inventories

[trix @letitrolldragon]

@calvinfroedge This will surely slow the progress of shortages going into peak summer demand.

[Data Driven Stocks @stockdatamarket]

3:58 am ET news for market manipulation.

Ideal time, ideal post, and enough to make millions out of 0DTE calls

[trix @letitrolldragon]

@UnintendedCons5 @Leon82580484187 It only needs to hold for the day of the SpaceX IPO, then we have a nice long weekend of ‘I didn’t agree to that’

[trix @letitrolldragon]

@FirstSquawk Lmaoooo 🤡🤡🤡

[Faytuks Network @FaytuksNetwork]

This is not true.

[Faytuks Network @FaytuksNetwork]

This is not true.

[trix @letitrolldragon]

Either Trump completely surrendered, or there is absolutely no deal. 🙄

[Faytuks Network @FaytuksNetwork]

Iranian media outlet Mehr, citing a source close to Iran’s negotiating team, published what it says are new details from a reported 14-point draft memorandum between Iran and the U.S.

According to the report, the draft includes an immediate and permanent halt to fighting on all fronts, including Lebanon; a U.S. pledge not to interfere in Iran’s internal affairs; the lifting of a maritime blockade within 30 days; and a U.S. commitment to withdraw forces from areas around Iran.

The reported draft also calls for reopening the Strait of Hormuz within 30 days under Iranian arrangements, suspending sanctions on Iranian oil, petrochemical products and related revenues, and making Iranian financial resources fully accessible.

Mehr says the draft includes 60 days of negotiations toward a final agreement covering nuclear issues, full sanctions relief, reconstruction of Iran’s economy, and the fate of enriched material and enrichment.

The report says $24 billion in frozen Iranian funds would be released during the 60-day negotiation period, with half made available before talks begin.

According to Mehr, the draft excludes Iran’s missile program and support for “resistance groups” from the agenda, and any final agreement would be endorsed through a UN Security Council resolution.

Mehr adds that the text still requires review and final approval by the relevant Iranian institutions.

[trix @letitrolldragon]

@Conflict_Radar Then there will be no memorandum, how in the hell the rug pull was so strong this time is beyond me. Iran has stated, every, single, time, that an end to hostilities in Lebanon is a requirement

[Giovanni Staunovo🛢 @staunovo]

Matters related to an agreement are speculation and nothing has been finalised -Iran Foreign Ministry spokesperson, IRNA

[trix @letitrolldragon]

Trump made a spectacle about a fake deal so the SpaceX IPO could rocket, they reduced capital requirements for day trading, removed the 1 year requirement for index funds to add it to their books. You wanna bet against this?

You should join me as an oil long too then, it’s just as painful

[trix @letitrolldragon]

@0xcoked While I think the peace deal is another fughazi, like the last 38, stockpiles need to be rebuilt in a state or war or otherwise

[trix @letitrolldragon]

@FirstSquawk Just toss the Axios news right into the bin where it belongs

[TT3 @TradingThomas3]

Did Trump pump market because SpaceX IPO tomorrow? 🤔

[trix @letitrolldragon]

@FirstSquawk Wow, I guess even investment banks can totally miss the picture.

[HFI Research @HFI_Research]

This is so funny.

[trix @letitrolldragon]

No deal! Enjoy the SpaceX IPO!

[Prime Minister of Israel @IsraeliPM]

The Prime Minister’s Office:
President Trump spoke this evening with Prime Minister Netanyahu regarding the emerging memorandum of understanding (MOU) with Iran to enter into negotiations.

Even though Israel is not a party to the memorandum of understanding, the Prime Minister expressed his appreciation for President Trump's commitment that the final agreement at the conclusion of negotiations will include the removal of enriched material, the dismantling of enrichment infrastructure, limits on missile production, and the cessation of Iran's support for its terrorist proxies in the region.

[trix @letitrolldragon]

@Osinttechnical Never mind it was all fughazi, of course it was. Trump could never surrender to all the demands of the original MOU from Iran

[trix @letitrolldragon]

@Osinttechnical Reading all the comments here about how ‘we won’ is ridiculous. I guess it does show the game of charades does work. If Iran accepts we know unequivocally that the US surrendered all demands.

[trix @letitrolldragon]

@atrupar Just enough time for the IPO to have a full day! How convenient