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GM24: The Real Cause of the Global Energy Crisis (Part 1) ft. Adam Rozencwajg

Top Traders Unplugged

00:00

Is China a Strategic Reserve?

Most of the world operates hand to mouth and doesn't keep crude oil inventories. The rest of the OECD countries have been releasing 500,000 barrels a day from their SPRs. We made that decision right following the invasion of the Ukraine by Russia. I think we're probably at this point off the top of my head about 65% depleted on our SPRs.

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