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I can't for the life of me figure out the oil shit at this point. It feels inevitable that prices will go up more before the end of the year but America keeps doing this will they won't they thing with bombs.

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[-] BoxedFenders@hexbear.net 23 points 9 hours ago

This video explains it well: https://www.youtube.com/watch?v=BkA0bkb6ZO0

TLDW: China cut its own oil consumption by 5.5 million barrels per day along with tapping into their strategic reserves, which were much larger than estimated due to Russian oil purchases conducted outside of prying Western eyes.

[-] JimLarkin@hexbear.net 2 points 1 hour ago
[-] HexReplyBot@hexbear.net 1 points 1 hour ago

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

[-] HexReplyBot@hexbear.net 2 points 9 hours ago

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

this post was submitted on 28 Jul 2026
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