Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
Russia's fuel crisis just reached a third dimension.
First the gas stations ran dry⛽️
Then the tankers in the Sea of Azov stopped moving🚢
Now the runways are next...
Refueling is limited or gone in Makhachkala, Krasnodar, Astrakhan, St. Petersburg, Yekaterinburg, and Ufa.
Wholesale kerosene is up 52% to a record high.
Moscow just banned kerosene exports until the end of November.
The Moscow refinery is down for 6 months after drone strikes.
Uzbekistan's flag carrier already canceled flights there.
This is not a diesel story anymore.
First the gas stations ran dry⛽️
Then the tankers in the Sea of Azov stopped moving🚢
Now the runways are next...
Refueling is limited or gone in Makhachkala, Krasnodar, Astrakhan, St. Petersburg, Yekaterinburg, and Ufa.
Wholesale kerosene is up 52% to a record high.
Moscow just banned kerosene exports until the end of November.
The Moscow refinery is down for 6 months after drone strikes.
Uzbekistan's flag carrier already canceled flights there.
This is not a diesel story anymore.
Top 20 mining firms by revenue
Everyone ranks mining by revenue and assumes gold dominates.
39 of the top 100 mining companies by headcount are gold miners.
They generate 21% of industry revenue.
22 copper producers generate 28%, over $200 billion, more than any other metal.
That is why Rio Tinto is circling Glencore. Its copper business is what pushed Glencore to $63 billion in revenue, the highest in the sector.
Copper is the real cash engine of mining
Everyone ranks mining by revenue and assumes gold dominates.
39 of the top 100 mining companies by headcount are gold miners.
They generate 21% of industry revenue.
22 copper producers generate 28%, over $200 billion, more than any other metal.
That is why Rio Tinto is circling Glencore. Its copper business is what pushed Glencore to $63 billion in revenue, the highest in the sector.
Copper is the real cash engine of mining
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
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The campaign against Russia's fuel infrastructure just added another target class.
Refineries hit
Tankers hit
Runways running dry
Now a fuel depot in Azov, Rostov region
This is not a series of isolated strikes.
It is a systematic campaign against every stage of Russia's fuel chain, from the well to the pump.
Refineries hit
Tankers hit
Runways running dry
Now a fuel depot in Azov, Rostov region
This is not a series of isolated strikes.
It is a systematic campaign against every stage of Russia's fuel chain, from the well to the pump.
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If you still doubt it, here are 16 humanoid robot hands moving closer to the shape, reach and dexterity of a human hand.
01 🇳🇴 1X NEO: 25 DoF, tendon drive, 3-DoF wrist, pressure, location and slip sensing, up to 45 N finger force, 17.75 Nm wrist torque and IP68 protection.
02 🇺🇸 Tesla Optimus: Human-scale architecture integrating compact actuators, sensors and mechanical transmissions. Tesla has not released a complete public hand specification.
03 🇺🇸 Figure 03: Soft adaptive fingertips, tactile sensors and palm cameras designed to stabilize grasps across different objects.
04 🇨🇦 Sanctuary AI Phoenix: 21-DoF hydraulic hands with tactile sensing and demonstrated in-hand object manipulation.
05 🇺🇸 Apptronik Apollo: Designed for dexterous manipulation. Apptronik has said that more human-like hands remain part of its continuing R&D work.
06 🇨🇳 Unitree G1: Optional force-controlled hands. Dex3-1 provides 7 DoF, while the Inspire option uses 6 DoF across 12 moving joints.
07 🇨🇳 Fourier GR-1: Human-like hand geometry for versatile grasping. The newer GR-2 advances the platform to 12-DoF hands with six tactile sensor arrays.
08 🇨🇳 UBTECH Walker S: Five-finger dexterous hands with pressure sensing. Walker S2’s fourth-generation hand adds an active thumb DoF and raises fingertip payload to 12.5 N.
09 🇨🇳 Robot Era STAR1: Fully actuated dexterous hands developed for precise object manipulation.
10 🇨🇳 EngineAI PM01: A compact humanoid platform with five-finger hands, although detailed official hand specifications remain limited.
11 🇨🇳 AgiBot A2: The A2 family includes industrial hands with 19 DoF, 12 actively driven. AgiBot’s OmniHand offers 16 DoF and more than 400 force-sensing taxels.
12 🇨🇳 XPENG IRON: Human-scale 1:1 hands with 22 DoF, built around XPENG’s smallest harmonic joints.
13 🇨🇳 Kepler Forerunner K2: Developed for industrial manipulation and object handling. Detailed hand-level specifications have not been published.
14 🇨🇳 Xiaomi CyberOne: Five-finger humanoid hands publicly demonstrated for object handling, with limited published hand-level specifications.
15 🇯🇵 Toyota T-HR3: Ten articulated fingers, torque sensing and force-feedback teleoperation through Toyota’s Master Maneuvering System.
16 🇪🇸 PAL Robotics TALOS: Torque-controlled manipulation for grasping and operating tools. Its 7-DoF arms can carry 6 kg each with the arm extended.
These hands are not equally mature. Some are commercial products, some are optional end-effectors and others remain research prototypes.
What task do you believe is still impossible for a robot?
01 🇳🇴 1X NEO: 25 DoF, tendon drive, 3-DoF wrist, pressure, location and slip sensing, up to 45 N finger force, 17.75 Nm wrist torque and IP68 protection.
02 🇺🇸 Tesla Optimus: Human-scale architecture integrating compact actuators, sensors and mechanical transmissions. Tesla has not released a complete public hand specification.
03 🇺🇸 Figure 03: Soft adaptive fingertips, tactile sensors and palm cameras designed to stabilize grasps across different objects.
04 🇨🇦 Sanctuary AI Phoenix: 21-DoF hydraulic hands with tactile sensing and demonstrated in-hand object manipulation.
05 🇺🇸 Apptronik Apollo: Designed for dexterous manipulation. Apptronik has said that more human-like hands remain part of its continuing R&D work.
06 🇨🇳 Unitree G1: Optional force-controlled hands. Dex3-1 provides 7 DoF, while the Inspire option uses 6 DoF across 12 moving joints.
07 🇨🇳 Fourier GR-1: Human-like hand geometry for versatile grasping. The newer GR-2 advances the platform to 12-DoF hands with six tactile sensor arrays.
08 🇨🇳 UBTECH Walker S: Five-finger dexterous hands with pressure sensing. Walker S2’s fourth-generation hand adds an active thumb DoF and raises fingertip payload to 12.5 N.
09 🇨🇳 Robot Era STAR1: Fully actuated dexterous hands developed for precise object manipulation.
10 🇨🇳 EngineAI PM01: A compact humanoid platform with five-finger hands, although detailed official hand specifications remain limited.
11 🇨🇳 AgiBot A2: The A2 family includes industrial hands with 19 DoF, 12 actively driven. AgiBot’s OmniHand offers 16 DoF and more than 400 force-sensing taxels.
12 🇨🇳 XPENG IRON: Human-scale 1:1 hands with 22 DoF, built around XPENG’s smallest harmonic joints.
13 🇨🇳 Kepler Forerunner K2: Developed for industrial manipulation and object handling. Detailed hand-level specifications have not been published.
14 🇨🇳 Xiaomi CyberOne: Five-finger humanoid hands publicly demonstrated for object handling, with limited published hand-level specifications.
15 🇯🇵 Toyota T-HR3: Ten articulated fingers, torque sensing and force-feedback teleoperation through Toyota’s Master Maneuvering System.
16 🇪🇸 PAL Robotics TALOS: Torque-controlled manipulation for grasping and operating tools. Its 7-DoF arms can carry 6 kg each with the arm extended.
These hands are not equally mature. Some are commercial products, some are optional end-effectors and others remain research prototypes.
What task do you believe is still impossible for a robot?
🇨🇭 Global One SI - Prompt
Goldman Sachs: "Token use by AI agents is expected to multiply 24 times by 2030" AI agents are now creating the first serious cost test for the AI boom. As was reported this week, Uber and Microsoft are already rethinking expensive agent usage. A chatbot…
The AI models that will generate the most tokens will be different than the models that generate the highest revenue
The way things are headed, it is very clear that low value repetitive tasks will be outsourced to the cheap and open source models
But the cutting edge work done with AI will consolidate around 1 or 2 frontier models, likely led by Anthropic and OpenAI
So while the cheap models will produce the most tokens, it will not provide nearly the same value. This will be the commodity layer of models
The frontier LLMs will be low token generation but high value. This will be the premium layer.
The way things are headed, it is very clear that low value repetitive tasks will be outsourced to the cheap and open source models
But the cutting edge work done with AI will consolidate around 1 or 2 frontier models, likely led by Anthropic and OpenAI
So while the cheap models will produce the most tokens, it will not provide nearly the same value. This will be the commodity layer of models
The frontier LLMs will be low token generation but high value. This will be the premium layer.
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This is why we invest in #Bitcoin.
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
China's newest rocket, the Long March 10B, just achieved a breakthrough recovery.
Its fuel is high purity methane made from LNG.
Even China's frontier industry now runs on the resource it does not produce enough of.
Gas demand does not shrink as an economy advances. It compounds.
America controls that input.
Its fuel is high purity methane made from LNG.
Even China's frontier industry now runs on the resource it does not produce enough of.
Gas demand does not shrink as an economy advances. It compounds.
America controls that input.
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
80% of America's rare earth supply comes from 1 country.
China.
That is real leverage.
But rare earths only bite a handful of industries.
LNG heats entire economies.
China has the rare earths.
America has the LNG.
Only 1 of those is fungible.
China.
That is real leverage.
But rare earths only bite a handful of industries.
LNG heats entire economies.
China has the rare earths.
America has the LNG.
Only 1 of those is fungible.
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
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Trump says the ceasefire is over.
Iran and Oman are drafting a Hormuz passage deal anyway.
The contradiction: after 3 Qatari and Saudi tankers were hit and the US struck Iranian sites (Iran hit back at US military sites in Gulf states), Trump posted "the Cease Fire is OVER!" Yet Iran, the US, Qatar and Pakistan agreed to keep negotiating this weekend.
The corridor proposal: Oman's draft plan splits the strait. Free navigation through the southern corridor in Omani waters, no tolls. Vessels in the northern corridor through Iranian waters need Iran's prior approval, still no tolls, per CNN.
Iran's framing: FM Araqchi says the US violated the ceasefire first by revoking Iran's crude sale license right after the tanker attacks. Iran hasn't claimed responsibility for those attacks; US officials say Tehran called them an "errant part of their system."
The wildcard: Iran's new supreme leader, Mojtaba Khamenei, publicly pledged vengeance for his predecessor's killing this week. Trump says he's ordered the military to prep "thousands of missiles" if Iran tries to assassinate him, after reports of an assassination plot.
About a fifth of the world's oil transited Hormuz before the war. The corridor deal, the ceasefire status, and the vengeance pledge all decide whether that fifth comes back or stays disrupted.
Iran and Oman are drafting a Hormuz passage deal anyway.
The contradiction: after 3 Qatari and Saudi tankers were hit and the US struck Iranian sites (Iran hit back at US military sites in Gulf states), Trump posted "the Cease Fire is OVER!" Yet Iran, the US, Qatar and Pakistan agreed to keep negotiating this weekend.
The corridor proposal: Oman's draft plan splits the strait. Free navigation through the southern corridor in Omani waters, no tolls. Vessels in the northern corridor through Iranian waters need Iran's prior approval, still no tolls, per CNN.
Iran's framing: FM Araqchi says the US violated the ceasefire first by revoking Iran's crude sale license right after the tanker attacks. Iran hasn't claimed responsibility for those attacks; US officials say Tehran called them an "errant part of their system."
The wildcard: Iran's new supreme leader, Mojtaba Khamenei, publicly pledged vengeance for his predecessor's killing this week. Trump says he's ordered the military to prep "thousands of missiles" if Iran tries to assassinate him, after reports of an assassination plot.
About a fifth of the world's oil transited Hormuz before the war. The corridor deal, the ceasefire status, and the vengeance pledge all decide whether that fifth comes back or stays disrupted.
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
Per ISW,Iran's negotiators and its military aren't fighting each other.
They're playing 2 roles in the same strategy.
1️⃣ Pragmatic negotiators are trying to preserve talks and avoid a full-scale war with the US
2️⃣ IRGC officers close to the supreme leader approved using force to assert control over Hormuz
3️⃣ This is a split over tactics, not strategic ends, both factions agree the strait is Iran's core leverage
4️⃣ Blaming an "errant faction" for attacks lets the regime keep talking and chase economic benefits while the IRGC keeps enforcing control on the water
The US wants a full return to pre-war rules.
Iran won't concede that.... for how long?
They're playing 2 roles in the same strategy.
1️⃣ Pragmatic negotiators are trying to preserve talks and avoid a full-scale war with the US
2️⃣ IRGC officers close to the supreme leader approved using force to assert control over Hormuz
3️⃣ This is a split over tactics, not strategic ends, both factions agree the strait is Iran's core leverage
4️⃣ Blaming an "errant faction" for attacks lets the regime keep talking and chase economic benefits while the IRGC keeps enforcing control on the water
The US wants a full return to pre-war rules.
Iran won't concede that.... for how long?
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
🚨BREAKING: Iran's IRGC has announced a full closure of the Strait of Hormuz. No vessels on any lane, "until the end of US interventions".
A warning shot was already fired at a ship that tried to deviate from Iran's approved route.
This does not open Monday priced the way it closed Friday....
A warning shot was already fired at a ship that tried to deviate from Iran's approved route.
This does not open Monday priced the way it closed Friday....
🇨🇭 Global One SI - Prompt
Nasdaq $NDX Update: Looks like we're setting up perfectly for a big jump in indices next week, lining up with a big earnings week. If this happens as expected then it should be a huge gap up on Monday, with markets remaining largely flat for the rest of the…
Historically markets have taken a dive at the end of July, some years larger than others.
This current rally started 2 weeks earlier than 2025 and whole month earlier than 2024, so the question is are they planning a selloff beginning around July 20th after OpEx?
This current rally started 2 weeks earlier than 2025 and whole month earlier than 2024, so the question is are they planning a selloff beginning around July 20th after OpEx?
🇨🇭 Global One SI - Prompt
💥 IRAN WAR - THE MOVIE💥
🇮🇷🇺🇸 Iran's Supreme Leader, Mojtaba Khamenei to U.S and Israel: We will get revenge for killing my father
"Revenge for my father is the demand of the nation and must certainly take place.
We pledge to avenge the blood of the martyred leader and all of the martyrs of these two wars.
Revenge does not stop at my existence or the existence of the rest of the officials, and revenge will inevitably be achieved."
"Revenge for my father is the demand of the nation and must certainly take place.
We pledge to avenge the blood of the martyred leader and all of the martyrs of these two wars.
Revenge does not stop at my existence or the existence of the rest of the officials, and revenge will inevitably be achieved."
🇨🇭 Global One SI - Prompt
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Jamie Dimon did say he was worried about a catastrophic cyber attack on the banking system in 2026...
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🇨🇭 Global One SI - Prompt
Historically markets have taken a dive at the end of July, some years larger than others. This current rally started 2 weeks earlier than 2025 and whole month earlier than 2024, so the question is are they planning a selloff beginning around July 20th after…
Consumer loans (credit cards + revolving credit) has completely flattened out since May 2026.
Can you take a guess what happens before credit begins expanding again?
Can you take a guess what happens before credit begins expanding again?
🇨🇭 Global One SI - Prompt
Consumer loans (credit cards + revolving credit) has completely flattened out since May 2026. Can you take a guess what happens before credit begins expanding again?
The U.S. Balance of Trade fell last week and nobody even noticed.
Goods and services deficit was $77.6 billion in May, up $23.0 billion from $54.6 billion in April, revised.
May exports were $317.7 billion, $10.5 billion less than April exports.
Basically U.S. exports have been falling since October 2025 and took a big leg down in May 2026.
We've seen similar behavior prior to economic slowdowns of the past.
Goods and services deficit was $77.6 billion in May, up $23.0 billion from $54.6 billion in April, revised.
May exports were $317.7 billion, $10.5 billion less than April exports.
Basically U.S. exports have been falling since October 2025 and took a big leg down in May 2026.
We've seen similar behavior prior to economic slowdowns of the past.
🇨🇭 Global One SI - Prompt
#WTI Everyone still doesn't understand... The real reason oil is falling is the economic destruction unleashed on the global economy during the oil spike to $120. Jan 2020, oil began collapsing after a spike. 60 days later the market crashed. July 2008,…
Labor force participation continues to plummet at the quickest pace since the entire global economy was shutdown in 2020
Last time labor force participation was this low (outside of the 2020 REPO crisis) was 1975
This collapse has always preceded a sudden spike in unemployment
Last time labor force participation was this low (outside of the 2020 REPO crisis) was 1975
This collapse has always preceded a sudden spike in unemployment
🇨🇭 Global One SI - Prompt
- Iran didn't control the Strait of Hormuz, now it does - Iran's oil was sanctioned, now it isn't - Iran was not building a nuclear weapon, now it will - US bases in the Gulf were assets, now they're liabilities - Inflation was declining, now it's rising …
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It's all starting to make a lot more sense now... Isn't it?
🇨🇭 Global One SI - Prompt
It's all starting to make a lot more sense now... Isn't it?
Lindsay Graham has died... I hate being ahead of the curve.
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