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The Energy Cable #32 – Is the Chinese SPR also emptying?

The stars align. US and Chinese inventories are under pressure. The Saudis are getting the upper hand on speculators. Is this the typical late-cyclical final bounce in oil? 
2023-08-08

The stars align. US and Chinese inventories are under pressure. The Saudis are getting the upper hand on speculators. Is this the typical late-cyclical final bounce in oil? 

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