The oil market is inefficient. Oil prices, as of this writing, are supposed to start pricing in demand destruction to prevent global oil inventories from hitting tank bottom, but instead, oil market participants care more about MOUs and fake news headlines more than fundamentals. It is what it is. But I’m here to tell you that we are now weeks away from hitting these operational minimums. What we are witnessing today is the fastest onshore oil inventory decline in history, and even if the Strait of Hormuz opens this very second, the inventory declines are inevitable. I’m going to use personal finances as a way to ... (full story)