Why Demand Destruction Is More Worrying Than A Supply Crunch In Oil Markets | OilPrice.com

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Here's the argument for demand destruction being the dominant factor in today's oil markets:

Germany Prepares Billions Of Euros In Case Of Winter BlackoutsChinese Refiners Raised Output In October As Fuel Exports Continue To ClimbGlobal Markets Breathe Sigh Of Relief As China Relaxes Covid RulesCrypto Markets Are A Mess As Firms Scramble To Soothe Investor JittersTehran Orders New Attacks On Iraq’s Kurdistan RegionThe East Mediterranean Is Primed For A Natural Gas BoomMidterm Surprises Threaten Wall Street’s Hopes Of A Split GovernmentDeadly Explosion Rocks Istanbul As Turkey Takes...

Seizure Of Chinese Panels Could Slow Its Solar Energy RolloutUN Launches Satellite System To Track Methane EmissionsHigh Oil Prices Ignite The Middle Eastern IPO MarketOil Executives Warn G7 Price Cap Could Lead To Stranded TankersWorld’s Top Chipmaker Eyes Arizona For New $12 Billion Semiconductor PlantWatchdogs Say Iran Boosting Stockpiles Of Atomic FuelsBitcoin Facing An Existential Crisis As Exchange Meltdown ContinuesTraders Use Iron Ore Carriers To Transport Coal As Energy Demand RisesThe...

 

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you have got china closed off, price cap, trade restrictions, and still have a draw.... where the demand destruction at?

Yes

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