CRUDE!

[vanzandt]

It will be nice to trade in market not dominated by tweets.

Yeah.... Trump will surely remain mum when WTI heads for $70 and RB heads for $3.

 

[R123]

Bit outdated tho :

,,In 2016, after the United States, the next four top importers of Saudi crude and petroleum products were Japan (1.2 million b/d), China (1.0 million b/d), South Korea (0.9 million b/d), and India (0.8 million b/d), according to GTT.''

View attachment 209078

Source : https://www.eia.gov/beta/international/analysis.php?iso=SAU

Thanks. Depending on how Saudi dishes out the other 50%, this might in an unexpected way speed up trade dispute. Of course there is the Russians. The speculative angles are endless.

 

[vanzandt]

Wonder how the Yemenis got a hold of decent Drone tech? Will the Iranians be blamed?

They got them from Iran. Textron built the factory back in the day to build helicopters. So yes they will be blamed. Google the city of Shahin Shahr. See if their chamber of commerce mentions what they do there.

 

[vanzandt]

Yeah.... Trump will surely remain mum when WTI heads for $70 and RB heads for $3.

The SPR probably needed drained and replenished with fresh stock anyway.

 

[maximumpossiblesuffering]

Probably going to be the 3rd island gap to the upside on the US daily RTH in less than 6 weeks. If I knew about pattern recognition, I might connect be able to connect the dots between crude price declines being followed with attacks in the Middle East, like with the tanker explosions earlier in the year. Before that it was something else. I wonder if some these guys have trading accounts? Grin.

 

[Cuddles]

Impossible to get in on Saturday action?
Wonder how the Yemenis got a hold of decent Drone tech? Will the Iranians be blamed?
Wonder if the US will pull a Carter Doctrine?

that didn't take long:

 

[Nobert]

that didn't take long:

Sources, on how much it actually produces vary from 1% in BBC to 10% in this vid.

 

[destriero]

They got them from Iran. Textron built the factory back in the day to build helicopters. So yes they will be blamed. Google the city of Shahin Shahr. See if their chamber of commerce mentions what they do there.

One is a proxy for the other so it doesn’t matter which airstrip saw them off. This was set in motion the minute that the ridiculous $15B plan imploded when Bolton stormed out.

 

[destriero]

The SPR probably needed drained and replenished with fresh stock anyway.

Crude can be stored forever, at least until it’s refined into distillates.

 

[destriero]

They got them from Iran. Textron built the factory back in the day to build helicopters. So yes they will be blamed. Google the city of Shahin Shahr. See if their chamber of commerce mentions what they do there.

My dad was SAD and has been to HESA many times as a Textron employee.