WTI is almost $5 above Brent at this point, which is a massive swing in a very short period of time, and it has to be east Asia buying inconvenient oil.
Remember this countdown:
spicy!
"There is no way to reduce the hit to consumption from a spike in oil prices by producing more oil."
This is the USA case but it applies to all free
markets, UK included, drillers please note.
#FYI #ClimateChat #DanMiller #LeonSimons #EliRabani #StaceyRandecker
#Iran #war #military #oilPrice #CO2emissions
starting soon 👇👇👇
https://www.youtube.com/watch?v=YqumXgbgHCg
#climate #ClimateScience #climatechange #ClimateEmergency #ClimateCrisis #ClimateBreakdown #ClimateDisruption #globalWarming #globalHeating #ExtremeWeather #polycrisis #EcosystemCollapse #systemcollapse #ecocide #fossilfuels #Co2 #methane #GreenhouseGases

Thai authorities have launched a nationwide investigation after uncovering a 57-million-liter discrepancy in oil shipments, exposing suspected stockpiling, smuggling, and profiteering across the fuel supply chain.
#Thailand #Oil #OilPrice #สงครามตะวันออกกลาง #น้ำมัน #วิกฤตน้ำมัน #กักตุนน้ำมัน
Another hour another dollar!