Tim Duggan

The oil report. Ireland cash rich, leadership poor. This article has a look at the Irish fuel protests, government advice and response. Ireland is failing on a fiscal and political management perspective. #OOTT #ireland #irishfuelprotest #fuelprotest #costofliving #carbontaxfraud #standtogether open.substack.com/pub/theoilrepo…

"No vessel of any type or nationality ​is allowed ⁠to pass through the Strait of Hormuz."

Im am here for this all day every day. These US equity markets are trading on TRASH, TRASH TRASH

lol who did this.

So how about that ceasefire?

@elonmusk Take it easy on the anti China propaganda there horse

Free for next two days

This is probably the only thing you can actually back, after this whole week of noise

Dear oh dear....now we know where Pam Bondi got it

The oil strip is in absolute tatters.....

The shock is 3x as big as it was in 1973

May oil futures.........the way the market is trading physical $50 approx premium over May futures oil, makes me wonder who is actually securing paper oil at these deep discounts that are deliverable in about 15 days? Are those barrels deliverable, but on the wrong side of the straits? #OOTT

Volume is declining as price rises. Nothing else needs to be said.

What kinda sucks about Ireland is we have successfully unlocked an unlimited money machine by tying ourselves to the success of the most profitable companies in the world, that seem to grow no matter what happens, and we can't build the infrastructure to make us feel that wealth

@chicfryrice @Bogachan_1971 not tradable information

@timdug @Bogachan_1971 I thought a govt account said a few weeks ago they were doing something with oil?

How much does it cost to manipulate WTI #OIL futures? First chart is CLK2026, May WTI OIL Future... expiring on Apr 21. Next one is CLM2026, June WTI Future, expiring on May 19. Open Interest on May Contract is down to 144,000 contracts. Each contract is 1000 barrels. Last chart is the spread between May and June contracts. As we get closer to expiry, positions roll from May to June. You see the spread had collapsed from 16 to below 3.... and open interest on June is over 300k now... These numbers are too low given the unprecedented volatility we see in the markets. Normally producers and end users like airlines should be all over the futures hedging themselves now but these open interests are lower than Jan and Feb numbers. It means it is mostly retail and government agents' market now which is why we will end with 100k open interest on April 21 and that is 100 million barrels... if government subsidizes the kabuki, nearly $35 per barrel, then it costs $3.5 billion for this month. If end users start to trade more in coming days to benefit from trickery, than it can double or tripple in coming months but that's still $10 billion to create an artificial futures price. If you see a mistake in math, let me know... but if no mistake... then crooks in charge of USA can continue this game for sometime until physical supply disappear. Given that silly altcoins were worth $1.4 Trillion before Oct 10, 2025... there is a lot of ammo to keep falsifying the oil futures. You can say how about Brent... it is cash settled... it is cheaper and easier to manipulate.

@TheSalonDon Dont worry about it and I hope you can walk away. The volumes moved out of K and into M was one thing, but the futures outright in oil are the worst place to trade now. The spread on calendars is the place to be.

My whole thesis was that the strait would still be closed today The strait is now even more closed than I expected since Iran is blocked too Yet oil is down and markets are up Nobody can explain it yet everyone accepts it

Demand destruction next

@JoeStella101 @AndreasSteno But they were attacked and this is the response you get. America is only there to desperately peotect the USD. No other reason and dont bang on about nuclear enrichment. Isreal the largest terrorist state has nukes and ignores the global nuclear regulations.

@AndreasSteno Putting the math aside, and potential for these additional tanker flows to materialize, would the world be comfortable in the long run with Iran effectively controlling a significant share of exports via its toll system? I don't think so

🚨 IMF URGES MEMBERS TO BE PREPARED FOR MARKET DYSFUNCTION, LIQUIDITY SQUEEZE

🇵🇱🇮🇱Polish MP Konrad Berkowicz displayed an Israeli flag where the Star of David was replaced with a swastika and said: “Israel is the new Third Reich and that's exactly how its flag should look”