Normal
Demand side unlikely to rise much until the winter thaw of next year. Supply side is a whole different question/shitshow.On the demand side, we also have the massive curveball of the china lockdowns to contend with, very difficult to say what will happen there (will they just stop bothering at some point?) or what. Hard to say on that one.Nothing I've read or seen (no person, no data point, nothing) suggests that the supply side is going to improve. Even the saudi's are pumping at almost full capacity. Unless there's some kind of plan to get libya and/or venezuela back online in the next few months, we're in quite the pinch.
Demand side unlikely to rise much until the winter thaw of next year. Supply side is a whole different question/shitshow.
On the demand side, we also have the massive curveball of the china lockdowns to contend with, very difficult to say what will happen there (will they just stop bothering at some point?) or what. Hard to say on that one.
Nothing I've read or seen (no person, no data point, nothing) suggests that the supply side is going to improve. Even the saudi's are pumping at almost full capacity. Unless there's some kind of plan to get libya and/or venezuela back online in the next few months, we're in quite the pinch.
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