Yuwan
3K posts




South Korean refiners won't last much longer. I just met with their strategy and procurement heads, and one of them mentioned they only have three weeks of feedstock left. Even if the SK government releases the SPR, it’s nothing more than a stopgap measure. Run cuts are now inevitable. Given that South Korean refiners are heavily export-oriented, this will only accelerate the vicious cycle in the global refined product mkt. There’s a lot of noise out here, but the only real solution is reopening the Strait of Hormuz. We don’t have much time before the supply chain completely falls apart. All I’m seeing are sensational headlines, not any actual signs of de-escalation. #oott #iran



Thanks king @F1_Gevaara walaupun gw entry di 170K, call lu adalah salah satu alesan gw entry walaupun agak telat.




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