Pulkit Mehra
1.5K posts

Pulkit Mehra
@Agent_X001
Engineering Manager | Obsessed with new tech | Hands-on with AI | Investor & lifelong learner
Seattle Joined Nisan 2013
202 Following412 Followers

@growthrapidly Some NVDA smuggling to china related to smci employees
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@retail_mourinho Gave me good time to buy 5 leaps when it pulled back!!
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@GrindeOptions Well then let’s make quick profits and sell tomorrow
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@DividendTalks I am also long on Meta, from today. Good to know Bill and I are same side!!
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Saudi Arabia is ramping up oil exports amid the Strait of Hormuz closure:
Crude oil shipments from Yanbu, a port on Saudi Arabia's Red Sea coast, are up to 4.19 million barrels per day.
This marks a +185% increase from the ~1.47 million barrels per day that moved through the port in February, before the Iran War.
The surge is being powered by a 746-mile pipeline rerouting crude from the eastern oil fields to Yanbu, bypassing the blocked Strait of Hormuz entirely.
Shipments have also more than doubled since January’s 1.29 million barrels per day.
As a result, Saudi Arabia has already recovered more than half of its pre-war export capacity of ~7 million barrels per day.
Furthermore, at least 32 large oil tankers are waiting near Yanbu to load, with more still heading to the port.
Saudi Arabia is aggressively looking to bypass the Strait of Hormuz.

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@StockSavvyShay Let’s get the straight secured asap, it will get the oil back down
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@ColesTrades Yes, IREN is a $100 stock in my opinion. The market conditions are just not helping it
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@KobeissiLetter I don't even know what to say anymore. All analysis, technical indicators etc. are of no use when the markets are driven by news.
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