🚨 ASIA’S CRUDE IMPORTS REBOUND TO 7-MONTH HIGH 🛢️📈
Asia is set to import 23.96M barrels/day of crude in September — the highest level since February, before the Iran war disrupted Middle East supply.
🔹 September: 23.96M bpd
🔹 August: 23.38M bpd
🔹 Imports still ~13% below pre-war levels
🔹 Strait of Hormuz flows have recovered from April–May lows
🔹 China August imports: 8.93M bpd, +6.2% MoM
🔹 China remains ~2M bpd below pre-war levels
🔹 Brent hovering around $100/barrel
🇨🇳 China demand could remain capped: Goldman Sachs expects Chinese crude imports to rise only around 600K bpd in Q4 vs Q3 if high oil prices persist.
👀 The big question: Is Asia’s crude demand recovery strong enough to push oil prices higher — or will $100+ oil limit imports?
Trade Here 👉 $HMSTR | $PLUME | $UNI
My call. Your execution.
⚠️ DYOR & manage risk.
#AIStocksWhatNext #21SharesLaunchesEuropesFirstZcashETP #CardanoJoinsX402PaymentStandard #StreamerClub #Write2Earn
Asia is set to import 23.96M barrels/day of crude in September — the highest level since February, before the Iran war disrupted Middle East supply.
🔹 September: 23.96M bpd
🔹 August: 23.38M bpd
🔹 Imports still ~13% below pre-war levels
🔹 Strait of Hormuz flows have recovered from April–May lows
🔹 China August imports: 8.93M bpd, +6.2% MoM
🔹 China remains ~2M bpd below pre-war levels
🔹 Brent hovering around $100/barrel
🇨🇳 China demand could remain capped: Goldman Sachs expects Chinese crude imports to rise only around 600K bpd in Q4 vs Q3 if high oil prices persist.
👀 The big question: Is Asia’s crude demand recovery strong enough to push oil prices higher — or will $100+ oil limit imports?
Trade Here 👉 $HMSTR | $PLUME | $UNI
My call. Your execution.
⚠️ DYOR & manage risk.
#AIStocksWhatNext #21SharesLaunchesEuropesFirstZcashETP #CardanoJoinsX402PaymentStandard #StreamerClub #Write2Earn
