Burn it, baby, burn it!
War headlines today. Houthis bomb Riyadh refinery. Iran bombs three tankers over weekend. US bullies Europe into release of 100mb of inventory. China stops product exports. Windward total oil transits last week were at about 80mb. If we add Fujairah, Yanbu and North American export offsets, we are down about 2mb/d. It has clearly improved The post Burn it, baby, burn it! appeared first on…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
