The European Union is considering a gas price cap as part of a broader effort to curb the fuel’s influence on regional power prices and shield consumers from extreme volatility.
I, too, plan to write more fiction going forward:
Apollo Plans to Value Private Credit Daily in Answer to Critics (BBG)
You guys so much "fuck-you" money and this needs to be "sources say"?
This is really concerning as all said they are hit by "projectiles of unknown origin" ...
We just got the largest-ever coordinated strategic petroleum reserve release from IEA member countries, 400 million barrels.
Oil market reaction: 🤷🏻♂️
The Bank of England should simply have worked down the Great Britons poll.
£50 note - Churchill, £20 - Brunel, £10 - Princess Diana, £5 - Darwin.
Job done. It’s what the public demand.
en.wikipedia.org/wiki/Great_B...
Five-byline alert: 🚨
“.. An ongoing military investigation has determined that the United States is responsible for a deadly Tomahawk missile strike on an Iranian elementary school, according to U.S. officials and others familiar with the preliminary findings.”
www.nytimes.com/2026/03/11/u...
Even at max output, i think analysts suspect theres going to be quite a big shortfall
Is this the new capitalism, then?
Create supply chain chaos, reverse strategy, bet on the spreads because the market is consistently late to catch on to deliberate manipulation?
i agree. but still disappointed ~ lol
I mean, it's all about pace of release, right? if I had to guess market read is they'll pump slower than when first announced--hard to see a price target below $90 rn
my related question is... do they have to do something similar for LNG?
If so... who would do it?
India a big consumer, so helps displace other barrels but idk if it the wire anywhere
she(/he) let you to put this hat on her! She is a good sport!! hahaha
In other news, Skyla is five this weekend
“400 million barrels per day” lmfao Reuters needs to copyedit its posts because that’s not physically possible
"Expanded were collections from the Board of Governors, such as the biannual Monetary Policy Report to Congress, meeting minutes (with several decades of minutes added), press releases and Federal Advisory Council minutes (1969-2025)."
My guess = messy attempt @ $100 price cap TK:
"The IEA Secretariat will provide further details of how this collective action will be implemented in due course. It will also continue to closely monitor global oil and gas markets and to provide recommendations to Member governments, as needed."
the MAGA Shoes discourse is the only thing keeping me going, honestly
That amounts to 20 days of oil that would be going through the straight. So set a timer.
yeah (but is it official yet, outside of India?)
This ING note on the next ECB meeting is cooking
think.ing.com/articles/ecb...
yeah, i thought hitting 400 million bbl means something. This market is really in spring break mode
When this published on monday morning, it took us from like +20% to +10% when it was just a rumour. Now that its official it doesnt seem to matter much lol
Absolutely not per day, that's 4x global demand lol.
🤔
oh right!! why they said per day!!???!?!!
defo not per day
a lot of chats and a lot of token later....
the Claude in VS Studio ran a lot of test to see why my chart codes are not working...
an it failed to see one critical line is missing
I should have looked myself😟
oh~ no no no~ not yet~~ 😀
