Raja

[Raja @rajasark]

@MCorleCapital Something bigger..closer to open ..

[Raja @rajasark]

Another half an hour of selling today

Probably test degens in rest of the world Monday

[Raja @rajasark]

@fidelcashflows gasolina - daddy yankee

[Raja @rajasark]

Sometimes oil gives an excellent view into equities and bond moves.

When inexplicable moves happen in oil and it gets to a untenable point .. you know..

[Raja @rajasark]

looks like twitter killed all expenses to prep for the IPO

[Raja @rajasark]

@fidelcashflows Yes
also WTI & RB

[Raja @rajasark]

@osterhout3230 Indices letting things ride

oil: - scale in - scale out

[Raja @rajasark]

@chrisedwards_va But at the pump
Diesel is at $350/BBL
Gasoline $250/BBL

[Raja @rajasark]

The year is 2026, labor day

There is no opec

Only Iran - with a hand on 10mmbld oil spigot

UAE building pipeline
Iraw, Kuwait & Qatar are fkd

Emirati using AI & YouTube to learn to cook and clean

[Raja @rajasark]

@tylermacro10 causality is opposite
narrative-thinking around shape of curve and drivers is somewhat nonsensical - but everybody is saying it so its propogated

[Raja @rajasark]

@clementlefert different script here on

[Raja @rajasark]

@BillNovac haven't traded equities lately ... so no view

[Raja @rajasark]

Normally WTI should get squeezed here .. these are not normal times

[Raja @rajasark]

This getting co mingled with "design me an travel itinarary" and just a new place to search

[Raja @rajasark]

Corps with many programmers and large dev ops - the process of discovery is by having everyone use AI

The process ramps up demand - discovery will be who is to be laid off

And the best AI users, may even find cheaper locally hosted alternatives for many applications

[Raja @rajasark]

Memory co pricing is nuts. Just shows how big the hyperscalers are.
They are not businesses in the traditional sense.
Rather infrastructure that businesses and consumers run their lives on - worldwide. Only US companies that have mass use outside US

[Raja @rajasark]

@taobanker PPTs in shambles

[Raja @rajasark]

It not impossible that Hormuz is shut off for 4-5 months or longer - its more likely than an opening during summer

[Raja @rajasark]

Larger lifts sounds a little like hoarding

[Captain Singh, FICArb, 73K @captsingh]

From tightening bunker fuel availability in Singapore and Fujairah, to ongoing Red Sea/Hormuz volatility and rising off-spec risks — the pressure is building.
Operators are already changing behavior: earlier stems, larger lifts, and more term deals.

Short-term tightness is here — especially on VLSFO and MGO

#Maritime #Bunkering #ShippingNews #FuelSupply

[Raja @rajasark]

But US stocks are still not critical

[Raja @rajasark]

IMO China smoothes out oil price at a high level..
to main high level of export for EVs, ev mining & construction equipment, renewable energy

1 year of high prices will create a natural downhill for CN goods & squeeze export oriented economies like Japan & Korea