Zip

[Zip @offallmarkets]

Diesel is a global market, Russia was the biggest exporter. Ukraine drones CDU and hydro crack/treaters = Russia now can only upgrade to say gas oil which isn't useable by most of the world. After Russia the Middle East balanced diesel exports, similar story. Less Rus/Arab Gulf diesel and bob yours uncle.

[Zip @offallmarkets]

@UncleAlpha007 I was coming up with similar math, how do you view that vs current valuation?

[Zip @offallmarkets]

Compute Loop

OpenAI & Claude need massive compute.

Train. Infer. Repeat.

AI labs raise billions.

Microsoft, Amazon, Google & others invest in the labs.

The labs spend that capital renting compute from... Microsoft, Amazon, Google & others.

Hyperscalers buy more NVIDIA GPUs.

NVIDIA invests in AI labs.

The cycle repeats.

AI is real.

Is AI demand more enterprise adoption or capital recycling.

If frontier AI labs are the biggest AI customers of the hyperscalers, when does the end customer become the enterprise instead of the next funding round?

[Zip @offallmarkets]

@HormuzLetter Ground forces?

[Zip @offallmarkets]

@FarmerTheta @BBDOG2007 The whole world doesn't revolve around crush capacity

[Zip @offallmarkets]

@BowTiedBroke Where is this at approximately?

[Zip @offallmarkets]

@jameslavish QE doesn't add to money supply in real or relative terms in the way you are implying. If it did why was inflation 2 percent or lower per year from 2009 to 2019 when a total of 3.9t of QE was deployed in notional terms.

[Zip @offallmarkets]

@JoshYoung The structure exists exclusively to bid bbls out of storage and make it economically painful to roll inventory.

[Zip @offallmarkets]

@EnergyPeddler Diesel stocks will be sub 100mm bbls, first time since 2003

[Zip @offallmarkets]

@dunnde @RinnyTheGopher @E_Energy_Adams Barrel sold out of refiner as non obligated vs obligated. If you're dealing with bbls over the rack you wouldn't see non obligated volume trade.

[Zip @offallmarkets]

@TMTLongShort Don't kink shame bro

[TraderBillyAU @TraderBillyAU]

Some of the best PM i have see from the largest Multi-Strat firms like P72, Millennium, Tudor, Dymon all do something very similar.... KISS... they boil down a view to a simple thesis. They have a process that is mostly repeatable and they read alot.... Yes, some model out things, but mostly they just consume information and ask questions.

[Zip @offallmarkets]

@MichaelPBento I thought Damola Adamolekun was elite or was that all Covid driven off premise demand growth.

[Zip @offallmarkets]

@TMTLongShort Rockwell Collins soon to be lead in AI frontier model financing

[Zip @offallmarkets]

@calvinfroedge Source or link avail?

[Zip @offallmarkets]

@oilmutt One pumping station, line capacity hasnt been cut yet?

[Zip @offallmarkets]

@TMTLongShort The cartoon acct is giving you the answer, sensors buddy

[Zip @offallmarkets]

@annapanart @tszzl How long Nvidia are you? Crissake

[Zip @offallmarkets]

@tunguz Does this mean to just continue to be long Nvidia?

[Zip @offallmarkets]

@rfhirschfeld 55% of all fert applied comes from rocks, no one is gonna run out