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Tim Hogan
@TimInHonolulu
, 3 tweets, 2 min read Read on Twitter
1. There is something odd about the reports regarding the extent of the damage at the Saudi oil facilities. Oil market doesn’t seem to be rising. By now the ship insurers should be moving fleets out of the gulf but traffic looks normal. Plus the rapid speed that random sources
2. produced what were claimed to be current satellite images seemed odd. @RepAdamSmith and @RepAdamSchiff should dispatch fact finders to Saudi to get eyes on the damage. Any push back on access should be considered evidence we should not trust the Trump admin reports.
@RepAdamSmith @RepAdamSchiff 3. Plus as I watched the reports evolve there was a report of large damage then an official report saying it wasn't so bad. Time passed and the bad damage report returned. Then the 3rd party satellite photos.
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Tim Hogan
@TimInHonolulu
1. Busy days in the Mideast.
Cause of #SaudiAramco Oil fires still are not confirmed
Rouhani, Erdogan & Putin meet in Ankara
Assad Regime makes threats against the #SDF in UN.

I think they are trying to scare @POTUS Trump into running from Syria again. Saudi attack if that is
2. what happened is likely coordinated with the other two things. They know Trump does not want a war because he and Bolton split. So what do you do when you know your enemy won't fight? You attack. This time the Saudi's were the most logical target. Then the Assad regime makes
3. some threats likely thinking that if Iran can attack the Saudis, they can threaten the SDF especially with Turkey itching to attack. So what should @WhiteHouse @WHNSC do? A smart president would do the exact opposite of what the adversaries want so as to not encourage more.
Read 11 tweets
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Tim Hogan
@TimInHonolulu
1. LA is about to be used for the backdrop of Fascist infomercial: MT Trump team's homeless tour of L.A. sparks suspicions, concerns latimes.com/california/sto…
2. If you liked @TheDemocrats debate night Pol Pot burning @AOC video you're going to love #CaliforniaCarnage. Trump is likely going to make the case for exterminating the liberals in California. Don't say I didn't warn you. @AGBecerra @SenFeinstein
3. Trump and his Kremlin masters are really freaked out about @SenKamalaHarris. If she's in every video frame that would be bad for the @POTUS Trump campaign video. Because Trump and Putin both fear her, Perhaps she should accompany the Kremlin entourage on LA the trip. 😎
Read 3 tweets
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Tim Hogan
@TimInHonolulu
That's why we own him. We can charge him in 2021 or impeach and remove him when we have run the traitorous @SenateGOP out of DC. His Antitrust opinion tells me he wants to hang out. Let's watch how he rules against the traitor in the @whitehouse before making any decisions.
@SenateGOP @WhiteHouse I'm a liberal Antitrust lawyer. Trust me folks. Just wait and see what he does. Remember this?

Surprise! Kavanaugh joins liberal justices in 5-4 decision thinkprogress.org/brett-kavanaug… via @thinkprogress
@SenateGOP @WhiteHouse @thinkprogress Trump's panicky tweet today confirms to me @POTUS and the @WhiteHouse RICO fear what I predict may be Kavanaugh's historic legacy: The guy who got the #OrangeMenace.

I love the smell of politics in the morning. I reminds me
of . . . victory. 😎
Read 3 tweets

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Jake Morphonios
@morphonios
I'll post updates on the pending US-Saudi-Israeli strike against Iranian targets in this thread.
Yemeni Armed Forces Spokesman Brigadier General Yahya Sari has issued a warning to foreigners & company employees to leave certain areas in anticipation of potential strikes.
In other words, Donald Trump is waiting for the Khashoggi-murdering, Yemeni baby-genociding Crown Prince MBS (who is also the Saudi Defense Minister) to tell the American Commander in Chief what to do? Trump knows all this is BS. But if fits perfectly into Israel's Iran plans.
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Javier Blas
@JavierBlas
CHART OF THE DAY: The sudden loss of 5.7m b/d of #oil production is the single largest outage the market has ever sufferes (larger in volume than the loss of Iraqi and Kuwaiti output in the 1990 Gulf War, and the loss of Iranian oil in the 1979 Islamic Revolution) #OOTT
Of course, those other outages lasted for several month, so their cumulative pact was huge. Key here is how quickly Aramco can restart production (either through repairs, bypasses or increasing output elsewhere, notably its offshore fields in the Persian Gulf) #OOTT
Also, important to note that the overall oil market was a lot smaller in 1990 and 1979, so a smaller outage in volume terms (barrels per day) could have a much larger impact when considered as % of global supplies | #OOTT
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Mona Eltahawy
@monaeltahawy
One of these days,when a world numbed by #Saudi oil, $$ & Islamic holy sites,wakes up finally to that country’s gender apartheid all artists who perform there & provide a fig leaf for its tyranny will be shamed as did those who performed in apartheid South Africa.We will remember
We have to start a Wall of Shame - with names of artists & celebrities who happily accept #Saudi regime money in return for burnishing image of a Crown Prince who orders the murder, detention and torture of opponents. We will remember those who agree to overlook gender apartheid
There are big name celebrities who have been rumoured to be next for events in #Saudi Arabia. I have very little faith in any of them doing the right thing. Their publicists will undoubtedly come up with some media friendly statements washing their conscience clean.
Read 4 tweets
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Igor Schatz
@Copernicus2013
What I think has been going on in the markets:
1. Hedge Funds got hurt in October by bad tech earnings and started to de-lever net and gross exposure
2. Some of the smartest multi-strat players like Millennium and Citadel had their worst months in a while in November

1/
3. Bullish positions in #oil came under pressure after expectations of Iranian supply leaving the market were disappointed
4. Under pressure from Kashoggi affair, Saudis had little autonomy to support the oil market
5. A number of large commodity funds went into tailspin
2/
6. November chop in commodities and equities forced large parts of HF community to shut down for the rest of the year
7. As large parts of HF community closed their books and de-risked, liquidity in the markets deteriorated

3/
Read 8 tweets
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EHSANI2
@EHSANI22
Thread: #Saudi oil policy is now fully coordinated w White House to balance global market as US announced it will press allies (inc. India & China) to cut oil imports from #Iran to zero by Nov 4. Saudi's increased production also allows US sanctions on #Venezuela to proceed =>
2-When Saudi production increase announcement was made, oil prices initially dropped on the news. This drop was reversed when the import freeze from #Iran was made. Saudi now will make it easier for Washington to slam both Iran & Venezuela without fear of sharp rise in oil prices
3-Reason market decided to rise after both announcements from Saudi and the US on Iran is to do with the developments in #Libya this morning as militia leader handed over control of multiple crude-exporting terminals to a rival of the internationally recognized National Oil Corp
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