🚨🇮🇳 Government data shows that between April 2025 and... June 2026, OMCs procured ethanol at ₹70.27 per litre. Crude oil, meanwhile, was procured at ₹45.31 per litre. That means ethanol was procured at a ₹24.96 per litre premium over crude oil. 🇮🇳 The numbers are raising fresh questions about India’s fuel procurement strategy.show more

Government stated that, between April 2025 and June 2026,... OMCs procured ethanol at ₹70.27 per litre while crude oil was procured at ₹45.31 per litre.show more

Ukrainian Unmanned Systems Forces hit the Saratov oil refinery... overnight, with at least three loud explosions followed by a large fire that was still burning in the morning. The Rosneft facility processes about 5 million tons of crude oil per year and produces more than 20 petroleum products, including fuel used by Russian troops. #Russiashow more

Meanwhile, in Russia, a number of key facilities came... under attack — the Afipsky and Kuibyshev oil refineries are on fire. — The Afipsky Oil Refinery, whose main products are gasoline and diesel fuel and which is involved in supplying the occupiers’ army, has an annual processing capacity of 6.25 million tons of crude oil. A large-scale fire has been recorded on the site. — The Kuibyshev Oil Refinery, which produces gasoline, diesel fuel, fuel oil, solvents — more than 30 types of petroleum products in total — has a processing capacity of 7 million tons of crude oil per year. Explosions and a fire have been reported at the facility.show more

⚡️ 🎦 Explosion at the Chalmette refinery in Louisiana,... USA, amid energy crisis 🔹The explosion was so powerful that houses miles away shook and restaurant patrons nearby scattered. 🔹The Chalmette refinery is one of six PBF Energy refineries acquired in 2015. 🔹The refinery processes 185,000 barrels of crude oil daily and was scheduled to begin producing 20,000 barrels of renewable diesel fuel per day soon.show more

🚨ANGOLA JUST HUMILIATED SA'S 2026 COST OF LIVING‼️‼️ I’m... sitting here in Pretoria staring at my latest electricity bill and I just had to vent because this is actually insane. 😩 It’s May 2026 and every single time I fill up my car or open that Eskom invoice it feels like a punch to the gut, but literally just across the border in Angola, the same stuff is dirt cheap. Like, ridiculously cheap‼️ Let me break it down with the actual numbers I saw today: Electricity is 16 TIMES cheaper over there. Angola: R0.28 per unit South Africa: R4.52 per unit That means if your average monthly bill here (lights, fridge, kettle, geyser, the works) is sitting at around R2 700 the exact same usage in Angola would cost you roughly R170, yes just ONE HUNDRED AND SEVENTY RAND🔥 I had to double-check it because it sounds fake. Now petrol and diesel‼️ Also a total joke. 95 petrol: Angola – R5.50 a litre South Africa – R26.63 a litre (after that May hike that had us all swearing) Diesel: Angola – R7.30 a litre South Africa – R32.09 a litre Fill a normal 50-litre tank? Angola = R280 South Africa - Over R1 300🔥 That’s not pocket change, that’s life-changing money for taxi drivers, farmers, small business owners, basically anyone who actually moves for a living. So how the hell are they doing it⁉️ Simple, the Angolan government just subsidises the living daylights out of electricity and fuel. They keep prices stupidly low for ordinary people so the cost of living doesn’t destroy everyone‼️ Here‼️ Eskom is drowning in debt, the old power stations are falling apart and we’re all paying the “real cost” to fix the mess while loadshedding is supposedly over but the bills keep climbing. Fuel just follows the world oil price plus every tax they can slap on🔥 I’m not saying we should copy everything they do but damn, when your neighbour is paying one-sixteenth for power and one-fifth for fuel, it makes you ask some serious questions about why we’re struggling this much⁉️show more

🚨 THIS HAS NEVER HAPPENED BEFORE 🚨 🚨NOBODY UNDERSTANDS... WHAT THEY JUST TRIGGERED. 🚨 🚨 People always talk about Iranian oil in terms of barrels, but rarely about what’s actually inside them. That’s the key difference—and the reason Western refineries have quietly relied on back-channel networks through places like Dubai for years to keep getting it, even under sanctions. Crude oil isn’t all the same. It’s a mix of hydrocarbons with different molecular weights, and that mix determines how easily it can be turned into the fuels refineries actually sell—like gasoline, diesel, jet fuel, and heating oil. The main measure here is API gravity. Higher API means lighter crude that’s easier and cheaper to refine, and it produces more of those high-value fuels. Lower API means heavier crude that takes more energy, more processing, and more expensive equipment, while producing more low-value leftovers. Iranian Light crude sits right in a sweet spot, with an API gravity around 33–36 and moderate sulfur levels. It’s light enough to produce a lot of gasoline and middle distillates without high costs, but not so light that it limits what refineries can make. In industry terms, it’s close to an ideal blend. Now look at the alternatives. Venezuela’s Merey crude is much heavier, with very low API gravity and high sulfur. Refining it profitably requires specialized, expensive equipment like cokers and hydrocrackers. Some refineries are built for that—but it’s not interchangeable with Iranian crude. It’s a completely different type of input. On the other end, US West Texas Intermediate is very light and low in sulfur. Sounds perfect in theory, but in practice it’s almost too light. Many refineries—especially in Europe and Asia—are designed for medium-grade crude, so they can’t just switch to WTI. They often have to blend it with heavier oils to make it work. That’s where Iranian crude stands out. It fits right into the middle of the system. It doesn’t need the heavy-duty processing of Venezuelan oil or the blending adjustments required for ultra-light US shale. That balance is why it’s consistently in demand and often priced at a premium. It also explains why countries like India kept buying it despite sanctions, and why those complex trading networks through Dubai existed in the first place. The Strait of Hormuz isn’t just a route for oil—it’s a route for this specific kind of oil that global refineries are optimized to process. If that flow gets disrupted, it’s not just about losing supply. It’s about losing the type of crude the system runs most efficiently on, forcing refineries to adapt with less suitable alternatives. That’s what’s really baked into oil prices like $82—not just how much oil is available, but what kind it is.show more

The problems in Russia’s oil and gas sector are... already becoming systemic. Russia is refining less oil, transporting it at a higher cost, facing problems with export infrastructure, and already losing oil and gas revenues. Let’s take a look at what exactly is happening inside Russia. First, the Russian authorities themselves are no longer treating the shortage as a short-term disruption. A complete ban on diesel exports was introduced in early July, and it is quite likely to be extended through the end of the year. Gasoline exports are banned until January 31, 2027, and jet fuel exports until the end of November. Russia has also started importing additional petroleum products from Asia and Belarus. Second, Russia is physically refining less and less oil. According to Kpler, Russian refineries processed around 3.8 million barrels per day in July - the lowest level in more than two decades. EA Analytics estimates the figure even lower, at approximately 3.6 million barrels per day. For comparison, the normal level for this period in 2020-2025 was 5.3-5.6 million barrels per day. Third, Ukrainian strikes on Russian oil refineries are continuing. A cycle has effectively formed: strike - repairs - partial recovery - another strike. Following the August 21 attack, the Perm Oil Refinery, with an annual capacity of 13.1 million tonnes, was completely shut down. Since August 2025, at least 25 Russian oil refineries have been targeted. Fourth, the diesel shortage is making the economy more expensive - increasing the cost of harvesting, reducing the resilience of Russia’s logistics system, and consequently affecting prices overall. Fifth, even the oil Russia manages to produce is becoming more difficult and expensive to export. In the first half of August, exports from western ports amounted to around 2.3 million barrels per day instead of the planned 2.7 million. Novorossiysk was particularly affected: shipments fell to around 400,000 barrels per day, compared with 800,000-1 million in June-July. Previously, problems at refineries could be partially offset by increasing crude oil exports. But when refineries, ports, terminals and tankers are all being targeted simultaneously, this becomes much harder. Exports have not collapsed, but they have become more expensive and less predictable. The same applies to petroleum products: in July, seaborne exports of fuel oil and vacuum gasoil fell by around 12%, to 2.4 million tonnes. The situation with gas is structurally worse. The Power of Siberia pipeline has already nearly reached its contractual ceiling - around 38.8 billion cubic meters per year. Power of Siberia 2 is primarily constrained by price: China wants gas at a significantly lower price than Russia is willing to sell it for. LNG faces even more problems: the EU has already begun phasing out imports, while redirecting supplies to Asia means longer and more expensive logistics. China is increasing its purchases of Russian gas, but it has not replaced Europe and will not replace it quickly. The most serious problem is the budget. In the first half of the year, Russia’s oil and gas revenues fell by 22.7% year-on-year, and by 16.8% over the first seven months. By January-April alone, the federal budget deficit had reached 5.88 trillion rubles, exceeding the planned deficit for the entire year. On top of this come the costs of refinery repairs, air defense, fuel imports, alternative routes, freight and insurance. Despite all these losses, we can see that Russian oil and gas revenues have not yet collapsed, although adaptation is becoming increasingly expensive. For now, the Kremlin is being helped by the crisis around the Strait of Hormuz, which is keeping oil prices high. At the same time, Russia’s ability to refine and export this oil is deteriorating. So far, high prices are offsetting these losses. If the situation around Hormuz stabilizes and Brent prices fall, the current logistical and fuel problems could become much more serious for Russia.show more

The strangest oil trade of 2026 isn't happening at... sea. It's 700 tanker trucks a day crossing the Iraq–Syria desert. The biggest winner is a government that barely produces oil at all. Hormuz shut → Iraq lost 90% of export revenue. Baghdad will take ANY outlet. So 2 land corridors opened: al-Waleed in Anbar (31 March) and Rabia/Yarubiyah (20 April) the latter sealed since 2013. Destination: Baniyas, Syria's Mediterranean port. Then by sea to Europe. The numbers are medieval and massive at once: 500–700 trucks/day, 30 tonnes each. Baniyas unloading capacity up 30%, 120k bpd flowing. Baseline 150k bpd, target 350k. Moving just 50k bpd of crude takes 1,000 trucks running nonstop, this is a pipeline made of wheels. 💰The economics Here's the desperation premium: SOMO is paying $20–22 per barrel to move fuel oil by land. By sea it costs cents. Iraq signed for 650k tonnes/month anyway because the alternative isn't a cheaper route.... It's zero. Damascus collects on every barrel: transit fees, storage, port charges, plus cheap Iraqi fuel. At $2–3/bbl that's $8–13M/month, rising to $21–30M at full flow. For al-Sharaa's empty treasury, possibly his most reliable hard-currency stream. The worse Iraq's crisis gets, the more Syria earns. The structural irony is that Iran shut Hormuz to punish its enemies. Result, Iraqi oil money now flows to a Damascus government Tehran calls an adversary while Iraq, Iran's closest Arab partner, sits on life support. Chokepoints don't choose their victims, Geography does.show more

Ukraine strikes the last oil refinery supplying Moscow and... the Moscow region On Thursday morning, Ukrainian drones attacked Yaroslavl. According to a video analyzed by OSINT experts, one of the drones exploded on the territory of a local oil refinery. The Yaroslavl oil refinery was the last of four major oil refining plants that supplied fuel to the capital region and continued to operate after previous Ukrainian drone attacks. The video shows a drone flying over the industrial zone of Yaroslavl and then diving before exploding on the territory of the Yaroslavl oil refinery. The oil refinery in Yaroslavl is the fifth largest oil refining facility in Russia. It can process 15.72 million tons of oil per year. This plant is one of three oil refineries (the other two are located in Ryazan and the Nizhny Novgorod region) that supply gasoline to the capital region via a pipeline, and all of them have already been targeted by attacks.show more

‼️🇷🇺📸 Satellite images confirm: A major oil refinery in... the Russian city of Slaviansk-on-Kuban has suffered significant damage. A detailed analysis of the aftermath of the attack on the "Slaviansk-Eco" oil refinery in the Krasnodar region of Russia, which occurred on the night of June 28, using Ukrainian kamikaze drones, has been released. ✅ At least 17 fuel tanks of various capacities have been completely destroyed on the territory of the plant. Several other tanks have been seriously damaged, and large-scale oil spills and fires have been observed nearby. 🎯 The most critical loss for the plant is the shutdown of two atmospheric-vacuum oil refining units. These units are the "heart" of any refinery, as they are responsible for separating crude oil into its primary fractions. Their severe damage means that the plant's normal operation will be completely suspended. ▪️ Catastrophic damage has also been inflicted on the internal infrastructure: 🔥 In some sectors, the pipeline network has been completely burned out. Horizontal storage tanks for finished products and auxiliary equipment have been seriously damaged. According to experts, restoring such high-tech facilities requires complex engineering work and significant time and resources. 🏭 The Slaviansk plant was one of the leading energy facilities in southern Russia. Its design capacity was 5.2 million tons of crude oil per year (approximately 100-105 thousand barrels per day). The plant provided almost 9% of the total oil refining in the Southern Federal District of Russia. ▪️ The fuel processed at this plant was of vital importance for the Krasnodar and Stavropol regions, the Rostov region, and the occupied Crimea. In addition to domestic consumption, the plant's products were actively used to support military and civilian logistics through the ports of the Black Sea. ❌ The long-term shutdown of the plant will place a huge burden on the entire fuel system of the southern Russian region. The Kremlin will have to reorganize the logistics chains for the supply of oil products and redirect flows to other plants. The situation is further complicated by the fact that some of the other refining facilities in the region are already in a state of forced repair, as a result of successful attacks by the Ukrainian armed forces and the "long-range sanctions." Video is made Grok AIshow more

The Mercedes-AMG W205 C63 launched in 2015, which means... this car is now ten years old. That is difficult to reconcile because it still feels current in a way few cars manage to do. The 4.0-litre biturbo V8 and with 500 Hp in the ultimate version and relatively compact dimensions defined what a modern performance saloon was supposed to feel like before electrification and downsizing shifted priorities. At the time, the W205 felt like a technical upgrade over its predecessor. Today, it feels like the closing chapter of something more mechanical. The fact that it still holds attention is not about speed or numbers, but about how complete the package was. It represents the end of a period when AMG could still prioritise engine character over efficiency narratives.show more

⛽ HERE'S THE PART NOBODY EXPLAINS TO YOU ABOUT... GAS PRICES! Trump is right: Oil companies are playing both ends against the middle! A gas station owner does not set his own fuel cost. He buys his gasoline wholesale from a refiner or distributor, often locked into a supply contract with a major oil company brand. That wholesale price is set upstream. By the refiners. By the majors. Not by the guy running the register. So why is wholesale still high when crude is sitting at $68 a barrel. The industry's answer is inventory lag. Refiners are still selling fuel made from oil they bought weeks ago at higher prices. Chevron's own CFO has said publicly that lower crude prices take time to work through the supply chain before drivers see real savings. Fine. But here is the question that breaks that excuse wide open. If stations are selling old inventory bought at yesterday's price, why does the pump price jump the second crude spikes, before that expensive new oil has even been delivered. You cannot have it both ways. Slow to fall because of old cheap inventory, but instant to rise before the new expensive inventory even arrives. The real answer is something called replacement cost pricing. Retailers price gas based on what it will cost to refill the tank tomorrow, not what they paid for the gas sitting in the ground today. That is why prices jump like lightning when crude rises. But somehow that same forward looking logic disappears the moment crude falls. Suddenly everybody remembers the inventory they are still working through. That is not a supply chain mystery. That is a choice. Economists call the pattern rockets and feathers. Prices shoot up like rockets the second crude spikes. They drift down like feathers when crude falls. The same companies pricing forward on the way up are mysteriously pricing backward on the way down. Trump named the companies directly. ExxonMobil. Chevron. Shell. BP. He said it plainly in the Oval Office, that they are the ones not passing along the savings they should already be passing along. California gets singled out too. Gas there averages over five dollars a gallon, with state taxes piling on top of everything else. This is not Trump bullying small business. This is Trump asking the companies holding the lever why the logic only runs in one direction. Lower oil should mean lower gas, with the same speed it took to raise it.show more

🇷🇺🛢️ Russia’s oil wealth is evaporating as Urals crude... crashes down to pre-war Iranian levels, tearing a massive hole through the Kremlin's budget. The energy weapon has backfired, and Moscow is now bleeding the cash it desperately needs to sustain its military machine. 🇷🇺 “The price of Russian oil, Urals, has dropped to Iran's pre-war level: currently, its export from Russia's western ports is carried out at approximately $41.60 per barrel,” Bloomberg reports. This price collapse strips Putin of his economic leverage and exposes a growing panic inside Russia's financial sector. Trading at these basement-tier rates, the Kremlin is rapidly losing the ability to fund its war and contain its deficit, proving that market shifts are finally hitting Moscow where it hurts most. Video is generated by grok AIshow more

🔥STRATEGY WILL BE THE WORLD'S MOST VALUABLE COMPANY🔥 Strategy... bought OVER 56,000 Bitcoin in April. That number is so absurd people are psychologically incapable of processing it. Post-halving miners produce roughly 13,500 BTC per month. Strategy just bought about 4.1x an entire month of new miner supply in one month. Now run the simple monster math: Today: Strategy BTC stack: 818,334 BTC Bitcoin price: $76,196 Bitcoin NAV: $62.35B Assume Strategy keeps buying 56,000 BTC per month for 5 years. That is: ASSUMING STRC GROWTH TOTALLY STOPS (LOL) ~672,000 BTC per year ~3,360,000 BTC over 5 years Their stack goes from: 818,334 BTC to 4,178,334 BTC Now assume Bitcoin compounds at 25% CAGR. Bitcoin goes from: $76,196 to roughly: $232,532 So the Bitcoin NAV becomes: 4,178,334 BTC × $232,532 = roughly $971.5 BILLION Almost $1 TRILLION in Bitcoin NAV. And the funniest part? This model assumes no mNAV expansion. No premium insanity. No additional acceleration. No credit flywheel getting stronger. No market panic as everyone realizes Strategy is vacuuming Bitcoin off the planet like a publicly traded monetary black hole. Just: 56,000 BTC per month. 25% Bitcoin CAGR. 5 years. That’s it. Don't think they can accumulate that much Bitcoin at that low of a CAGR? Think the Bitcoin CAGR has to go higher? Cool. That only helps Strategy buy more Bitcoin. The bear case is basically: “Sure, they are absorbing multiples of new supply, building the largest corporate Bitcoin balance sheet in history, converting fiat capital markets into Bitcoin ownership, and compounding NAV at escape velocity, but have you considered that I am emotionally upset?” MSTR is becoming the most aggressive Bitcoin accumulation machine ever built. The fiat world is still modeling it like a tech stock with a weird treasury policy. GOOD LUCK.show more

🚨🇷🇺🇺🇦 UKRAINIAN LONG-RANGE DRONES SET ONE OF RUSSIA’S BIGGEST... OIL REFINERIES ON FIRE, AGAIN Russia’s massive Yaroslavl Oil Refinery, located over 700 km (435 miles) northeast of the Ukrainian border, is now burning after a long-range drone strike, with at least one major section of the complex fully engulfed. This isn’t just any refinery… It’s one of the largest in the country, key to Russia’s domestic fuel supply and military logistics. Ukraine has not officially claimed responsibility, consistent with its policy on deep strikes, but multiple outlets attribute it to Kyiv's ongoing campaign against Russian energy infrastructure. The refinery has a processing capacity of roughly 15 million tons of crude oil per year and ranks fifth nationwide in primary oil refining volume. The facility was also previously reported to have caught fire following a drone strike on October 31. So Kyiv isn’t just hitting symbolic targets, it’s systematically targeting the lifeblood of Russia’s war machine. The message? If you bomb Ukraine’s cities, don’t expect your refineries, ports, or pipelines to stay quiet. Source: Polymarket Intel, United24 Mediashow more

🔥🚨 LATEST: A Tim Walz government employee, Dylan Adam,... keyed six Teslas in 2025 and admitted to investigators it was because he hates Elon Musk. The Democrat prosecutor let him walk with at the cost of $21,000. Hennepin County Attorney Mary Moriarty refused to file criminal charges against Adams, who is a Fiscal Policy Analyst with the Minnesota Department of Human Services under Gov. Tim Walz, yet "American Thinker" confirmed that Moriarty charged a 19-year-old woman with a felony for allegedly keying one vehicle. The Minnesota DHS spokesperson told the Daily Mail that Adams was earning $48.60 per hour in his previous role and is now making $52.18 per hour.show more

🚨 THE NEXT BOND CRISIS COULD START IN LONDON... Gulf states are suddenly struggling to sell oil at scale Saudi Arabia has now recorded ZERO oil sales to the U.S. for the first time ever NO OIL SALES → NO NEW PETRODOLLARS For decades, Gulf oil revenues were recycled into U.S. Treasuries and American assets Now that loop is breaking The Gulf states are also heavily leveraged after borrowing from Western banks to fund megaprojects, sovereign wealth investments and domestic spending If oil revenues disappear, defaults follow And those losses flow directly into the global banking system THE EPICENTER IS THE CITY OF LONDON The old petrodollar hub where Gulf loans, war-risk insurance, bond trading and interconnected bank exposures all meet The Hormuz crisis is already driving up insurance costs at Lloyd’s, pressuring Gulf credit and pushing yields higher across the Square Mile One major default wave could hit the British banking system like 2008 Meanwhile, the U.S. Treasury is doubling long-dated bond buybacks to at least $4 BILLION per operation The system is already being forced to absorb the pressure THIS IS NO LONGER JUST AN OIL CRISIS IT IS A PETRODOLLAR, BANKING AND U.S. TREASURY CRISIS FORMING AT THE SAME TIMEshow more

🚨🇮🇷🇺🇸 The world listened to Trump's speech and hit... the sell button... Asian markets cratering overnight. Japan down 1.4%. South Korea down 2.6%. Oil surging back above $105 after briefly dipping on peace hopes. Gold and silver collapsing as safe-haven trades unwind. Gas just crossed $4 a gallon for the first time since Russia invaded Ukraine. Diesel at $5.50. Oil futures posted their largest monthly dollar gain in history, up 51% in March alone. And oil executives are warning that physical crude is even more expensive than futures suggest. Trump promised 2-3 more weeks. Markets heard "more bombing" and priced accordingly. The two-day rally that preceded the speech evaporated in 19 minutes. The energy shock is spreading beyond fuel into aluminum, fertilizer, helium, and semiconductor supply chains. Traders are repricing inflation assumptions in real time. The speech was supposed to calm the world. Instead it reminded everyone that the president who says the war is almost over just threatened to send Iran "back to the stone age." Source: WSJ The Kobeissi Lettershow more

🇱🇾 EXPLOSIONS REPORTED AT LIBYA’S ZAWIYA REFINERY Videos from... western Libya show explosions and fire at a fuel tank inside the Zawiya refinery, roughly 40 km west of Tripoli. The cause of the latest explosions is not yet clear. The refinery is strategically important, it has a processing capacity of around 120,000 barrels per day and is linked to the massive Sharara oil field, one of Libya’s principal production centers. The incident also comes just two days after the refinery said a drone struck an untreated naphtha storage tank, puncturing it and causing a leak. That earlier incident was contained without injuries or a fire.show more