

RandyDuke4120
53.9K posts

@RDuke4120
Explorer. Writer of gonzo travelogues.



🛑 Indicators of China's demand for petroleum have dropped from more than a 40% decline in imports of crude oil from 11.5 million barrels per day in February to an average of below seven million barrels per day in May - the steepest reduction in refining activity in the country since its policy to combat the Covid-19 pandemic four years ago, he said. Yet, mobility indicators show little sign of an actual collapse in demand, with flights and traffic remaining at their regular levels. 🛑 "This indicates that China is likely drawing statistically invisible inventories of both crude and refined products to sustain demand," Johnston wrote. This doesn't count as "true demand destruction," but temporary relief in the supply chain, like when Japan and the U.S. released reserves from their strategic stockpiles.



BOMBSHELL: Prof. Marandi confirms the Trump administration is completely capitulating. Washington is forced to release billions in stolen assets and end its siege on Iranian ports to avoid a catastrophic global depression. The American empire is in full retreat.




API Crude: -2.819M Gasoline: -3.199M Distillates: +1.103M

Israel just blew up a public high school in Marwahin, South Lebanon. Not a military base. A school.


Ben Gvir says Israel will not “allow” Trump to make deal with Iran 🤔
