Vanucci

Interesting trades considered

[Capitalist Exploits @capitalistexp]

Things you don’t see at bottoms

[First Squawk @FirstSquawk]

CHINA IS SHIFTING FROM DRAINING OIL STOCKPILES TO REBUILDING INVENTORIES, WITH CRUDE IMPORTS EXPECTED TO RECOVER AND TIGHTEN THE GLOBAL OIL MARKET.

[Fin @FinMaclaren]

@CattCalls @trader_ferg Full Episode here:
https://t.co/Jn3bvdnGHx

[Paulo Macro @PauloMacro]

The Money Plane is busy this week

[Javier Blas @JavierBlas]

The @IEA has once again revised historical annual data for oil consumption (it does so every August), resulting in some significant upgrades to global demand.

The net result is that 20025 oil consumption is now estimated at 104.8m b/d (that's ~300,000 b/d higher than the last estimate, and ***a huge 1.1m b/d higher*** than where the IEA pegged a year ago 2025 demand).

Despite the huge revision to demand forecasts, the IEA still sees the market last year as oversupplied, with supply running at 106.3m b/d on average.

The changes also mean that the 105.7m b/d of oil consumption that the IEA now anticipates for 2027 is **higher** than the absolute peak oil demand it forecast a year ago (when it said that global oil consumption would peak in 2029 at 105.6m b/d).

[Lawrence McDonald @Convertbond]

*US JULY BUDGET DEFICIT

$432.31B vs. EST. $346.0B - Bloomberg.

[Patrick Saner @patrick_saner]

Chart below for perspective.

"Virtually nothing matters more to markets [and the economy] at present than the AI buildout", as Bloomberg writes.

[Catt Calls @CattCalls]

“There's going to be more #inflation coming...there’s going to be an exodus of capital out of the US.”

Where are the anti-Dollar trades?

Latest discussion with @Trader_Ferg covers where he's positioned as the #USDollar weakens from #EmergingMarkets to #Commodities.

Episode now live: https://t.co/L66nzsSdiF

[Josh Young @JoshYoung]

10 million barrels per day of oil supplies were offline in July, according to the US Energy Information Administration

[Luke Gromen @LukeGromen]

2/ Here’s a link to my YouTube channel; you can subscribe here to see this and future bi-weekly 5-10 minute update videos: https://t.co/gylDJmO8D4

[Gavin (humanist/acc) @GavMcCracken]

API Inventory Update

TL;DR: USA exports plummeted. Expect draws overseas to show up.

Crude +9.072 mil (analysts expected -500k)
Gasoline -1.531 mil
Distillates -596k
Cushing +1.571 mil

SPR actual -6.1 mil
Total crude draw: -2.028mil barrels.

[MenchOsint @MenchOsint]

UAE Royal Jet (A6-RJA) visited Tehran this morning, stayed 1 hour and left.

[KNLCBD @KNLCBD]

Not long after the watermark, theres going to be a simple app that searches for and removes the watermark - for those who care about those things.

[Giovanni Staunovo🛢 @staunovo]

US SPR crude inventories in million barrels - monthly data going back to 1977
EIA #oott

[zerohedge @zerohedge]

Unitree’s Shanghai IPO 5,526x oversubscribed by retail buyers

Here come China’s robots

[Commentary - Sowell Economics @sowelleconomics]

Stephen Kotkin explains the real reason Marxism keeps attracting intellectuals and young people, even after the body count.

It is not because the theory works. It is because it offers something far more seductive: total, rapid transformation and a special role for the intellectual class.

In a market system, ordinary people make their own decisions. Under Marxism-Leninism, the intellectuals get to make the decisions for everyone. They become the engineers of society. Workers and peasants are treated as people with “false consciousness” who need to be led.

The ideology flatters the people who believe they are smarter than the rest of society. That is why the blood does not put them off. The power is worth the cost.

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Russia imports refined fuel from South Korea in rare reversal for major petroleum exporter

Russia has imported refined fuel from South Korea, a US ally, in an unusual reversal for one of the world's biggest petroleum exporters, Reuters reported on August 8, citing ship-tracking data and trade sources.

Nearly 30,000 tonnes of fuel loaded at Ulsan in late July were sent toward Russia's Far East aboard at least two tankers, with the cargoes including diesel and, in at least one case, jet fuel. (BNE)

[Warren Pies @WarrenPies]

Are datacenter delays, or cancellations, impacting the AI buildout?

Not yet.

Chart below from @fernavid 's most recent AI update plots every DC project's construction progress since groundbreaking. 2026 projects actually tracking ahead of schedule (vs 28-month timeline).

[Northstar @NorthstarCharts]

Silver - Possibly one of the most amazing set ups in my investing lifetime👇

[zerohedge @zerohedge]

tech fund inflows.