En yleensä ajattele tällaisia…
Heräsin aamulla siihen ajatukseen, että Trump aikoo ottaa hallintaansa suurimman osan maailman öljyvaroista ja sitten hallita koko maailmaa myymällä kavereille ja olemalla myymättä ei-kavereille.
Oli varmaan pahaa unta. Eihän hänellä voi olla niin suurisuuntaisia suunnitelmia. Eihän?
Vielä yksi syy irtautua fossiilisista polttoaineista.
Strategic Paralysis: The Hormuz Bottleneck
Over 20 nations are ready to intervene in the Strait of Hormuz, now at 5% capacity. Oil prices surge to $126/barrel. Find out why.
#HormuzStrait, #OilPrice, #MaritimeSecurity, #Geopolitics, #EnergyCrisis
https://newsletter.tf/hormuz-strait-blocked-nations-ready-intervene-oil-price/
The Strait of Hormuz is now operating at only 5% of its normal traffic, causing Brent crude oil prices to jump over $126 per barrel. This is the biggest energy shock since the 1970s.
#HormuzStrait, #OilPrice, #MaritimeSecurity, #Geopolitics, #EnergyCrisis
https://newsletter.tf/hormuz-strait-blocked-nations-ready-intervene-oil-price/
Iran not as easy to bully as one of Epstein’s girls, Trump finding out.
#iran #epstein #trump #oilprice #oil
Oil market for WTI is in the closed-for-benchmarking phase which gets us a spicy meatball of $105/barrel. Fun times! Also, the gap between West Texas and Brent is the narrowest it's been in days. More "inconvenient source" buying, I suppose? But I don't know.
#oil #OilPrice #iran #war #morons #fools #FuckTrump #FuckTheGOP #FuckRepublicans #fascism
@tithonium Oil is having a great time! Shitstain burbled up some puke and it's been party time ever since! Up 4% in an afternoon is impressive! If you like trainwrecks.
#economy #oil #OilPrice #iran #war #FuckTrump #FuckRepublicans #FuckTheGOP
Hi, it's Monday.
These numbers tell to me that the markets think - overall - that there's effective progress on the Strait of Hormuz only once the US nondeliveries date described by JP Morgan (and linked to above in thread) hits on April 15th. Recovery time from that date would line up reasonably well with "through June, as late as early July" with normalcy not returning until autumn.
Futures prices today - as in, the cost of a given month vs. the cost of a given month on Friday - are up through October, falling afterwards. So a barrel of oil for delivery in October costs more than it did on Friday; a barrel of oil for delivery in November costs _less_ than it did on Friday, and that's a reversal.
Thailand’s government faces mounting scrutiny over its fuel subsidy plan and excise tax policies, as officials defend measures to ease costs for consumers while opposition leaders warn that ordinary citizens could bear most of the financial burden.
From downchain:
You can calculate impact duration by taking the number of days since strait closure and adding it to the impact date.
Massive slowdown starting March 1st, closure March 5th. Monday is the 30th; that's 25 days using the shortest calculation; 30 at the longest.
Add in time for port systems restarts and repairs and it's even longer; I don't know anything about oil port operation startup times, but I do know it's not all at once, so let's say two weeks. So you're talking about a month to a month and a half of shortages _no matter what_, already baked in.
Even if it's settled _tomorrow_, we still get to deal with this - tho' with less of an uncertainty price premium, it would be less bad.
Päivi Järviö
NewsletterTF
CheapPontoon
Solarbird 
DarkCyberman
Thai Enquirer