WHATS the DEAL with TEENAGERS?? Why are they so irresistible????
*TRUMP SAYS US WILL RESUME ATTACKING IRAN 'VERY HARD'
love this for us
Pipelines at Yanbu + Al Fujairah is about 8.5mm bpd.
My estimate of China strategic inventory releases are 2mm bpd. Floating storage + US commercial inventory draws is another 1mm bpd. US SPR is 1mm bpd, other IEA SPRs is roughly 1mm bpd.
That leaves a 7.5mm bpd hole to fill.
Kier Starmer is 10000x more worthless than the most feckless national Democrat in the US. That includes Chuck Schumer. What a pathetic little worm of a man
Bear with me here, I'm thinking out loud. Total global petroleum liquids demand pre crisis was roughly 105mm bpd. Of that roughly 21mm bpd went through Hormuz. So we need to make up 21mm bpd.
Iran's illicit flows were 2mm bpd earlier now call it 1mm, that's probably optimistic but whatever.