Oil

NEW -> Contingent Buyer Assistance Program
Remember when Trump said if Kamala was elected gas prices would go up?

And he also said he would not *start* new wars.

This one is BOGO!!!
 
Back in 2020-early 2023 when China blocked AU coal imports, US stepped in the fill the gap. Companies like HCC’s stock tripled.

While China may not absolutely “need” coal from US, the sheer volume of purchase can change the fortunes of an Appalachian coal mining company in a big way.


 

Do you read your biased email feeds?

Key Points
  • Crude oil flows through the Strait of Hormuz were at prewar levels as of Monday, according to data provided by Kpler.
  • But the rebound is uneven as refined product shipments from the Middle East remain constrained.
  • The world is facing a fuel crisis with diesel prices at or near record highs, which poses a major threat to the health of the economy.
 
Do you read your biased email feeds?

Key Points
  • Crude oil flows through the Strait of Hormuz were at prewar levels as of Monday, according to data provided by Kpler.
  • But the rebound is uneven as refined product shipments from the Middle East remain constrained.
  • The world is facing a fuel crisis with diesel prices at or near record highs, which poses a major threat to the health of the economy.
I do…and by the way, I consider CNBC left wing biased…👍🏽🇺🇸🇺🇸🇺🇸
 
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This is how you quietly win a war without having to fire shots or pile up casualties…#Winning!😂😂😂😂👍🏽🇺🇸🇺🇸

Gulf oil exports hit pre-war levels, blunting Iran's Hormuz leverage amid effective U.S. blockade


Choking on their own choke point: Iran’s neighbors rebuilt their export routes around the Strait of Hormuz while a U.S. blockade of Iran's main portal has left Iran's own crude oil bottled up at home and its empty tankers adrift in Asia.

At least 16.5 million barrels a day of crude oil left the Middle East Gulf region between Sept. 1 and Sept. 28, matching the pre-war average for the region's producers other than Iran, according to tanker-tracking and satellite analysis published this week by global trade data firm Kpler. That is 10.5 million barrels a day more than the region averaged in March, the first full month after the war shut down the strait, the firm found.

The one producer missing from the recovery is Iran itself.

Tehran's central wartime bet seems to be a losing proposition


While its neighbors have seen the revival of their oil exports, Iran is missing out on the recovery. Iran's oil exports have hovered near zero since the U.S. imposed a naval blockade of Iranian ports in July after the ceasefire broke down. Counting Iran, the region's crude exports stand at 91% of pre-war levels.

The numbers undercut Tehran's central wartime bet: that choking off the world's most important energy corridor—the Strait of Hormuz—would inflict enough pain on global markets to force Washington and the Gulf states to deal on Iran's terms. Things have not worked out that way, so far.

https://justthenews.com/government/...ar-levels-blunting-irans-hormuz-leverage-amid
 
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