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Jerome Powell Contradicts Fed's Own Statement, Chaos Ensues - Fedwatch 118

Bitcoin Magazine Podcast

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Ansel, Let's Jump Into Oil or Diesel

The price of diesel has been going up over the past few days. US refiners permanently shut down some refinery capacity at the start of the pandemic when full fuel demand plunged. A diesel shortage and high diesel prices don't bode well for the global economy, which could tip into recession at some point next year. The world is also scrambling for diesel supply in view of the looming EU embargo on Russian fuel imports by sea expected to kick in early February.

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