Forwarded from Walter Bloomberg
RUSSIA CUTS OIL OUTPUT TO 17-YEAR LOW
Russia has slashed its 2026 oil production forecast to 494.2 million tons, the lowest since 2009, Reuters reports.
The downgrade reflects Ukrainian drone attacks, refinery disruptions and export constraints linked to the war.
Crude exports are forecast to rise to 244.7 million tons, while fuel exports are expected to plunge to 98.5 million tons.
Oil production through 2029 is now forecast below previous estimates.
(@WalterBloomberg)
Russia has slashed its 2026 oil production forecast to 494.2 million tons, the lowest since 2009, Reuters reports.
The downgrade reflects Ukrainian drone attacks, refinery disruptions and export constraints linked to the war.
Crude exports are forecast to rise to 244.7 million tons, while fuel exports are expected to plunge to 98.5 million tons.
Oil production through 2029 is now forecast below previous estimates.
(@WalterBloomberg)
They both are defenceless and going all in on offense, both countries are going to be ruined if this goes on for a lot longer
Broken Clock
Feels like the uncertainty is too high until FOMC that the market is going to be stuck here, fade everything
NQ should bottom around here if i'm correct
Broken Clock
I started a small position goog/igv
Should have just bought IGV puts sigh
Broken Clock
I enterred small position smh/dram
gonna cut this at breakeven, I don't have a strorng enough conviction
And Trump fell right in the Iran escalation trap that will most likely cost him the midterms
I bought some gold, invalidation below the current low; it's a hail marry attempt
I might be wrong but my POV is people think the FED decision in Sept will based on numbers I think it will be a political decision
Didn't last long, market is just having a fever on a rate hike I just need to be patient
Anth is so stingy with their token allowance, I don't understand how people can actually use it
Fable 5.1 doesn't seem like acceleration given the time elapsed since fable and this new release