RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:cj is falling below $6,50Just as I thought you can't follow the logic:
Chinese GDP +4.5%; US +3.0% while oil invetories, according to Nuttal are "at record lows" but the market says that Chinese demand is catering. Global demand is still increasing y/y not declining y/y while according to Nuttal, in two months US production will have flatlined for 1 full year but forecast still have US production increasing in 2024 and 2025.
Those are facts, the fears of the market that there is declining demand is anecdotal, clearly you can't connect the dots on that one.
If you haven't heard the Democrats and the Rebublican say that democracy is on the line, you have been living under a rock, just like your understanding of fundamentals and oil markets.
I'd say you are better off sticking to the CJ cheerleading at least we all enjoy that and agree with you on that.