THE RIDDLE OF THE DECADE… Is someone manipulating the oil market? The price of oil fell 8%, despite the loss of roughly 5 million barrels a day in supply. The answer, as always, isn't clear-cut, but we can get closer to understanding it. 🇨🇳 Let's start with the fact that in June 2026 China's oil import volume came in at 7.1 million barrels a day (41% lower compared to the same period last year). This tells us that one of the main oil buyers (whether deliberately or not) decided to radically cut consumption. Sure, you can talk about the energy transition and all that other nonsense, but, as we've covered here before, the situation in China's economy is rough. And second, it's time to admit that oil futures have turned into a global casino. The world has just rolled downhill into absurdity. And because of this, the oil market has become very easy to manipulate. Especially when there are far more open contracts than the actual current volumes in real sales. Even Trump and his family can pull off this kind of stuff calmly, for the benefit of their own enrichment. It's been said more than once: when an empire is dying, it sows chaos and ruin everywhere. Everyone talks about geopolitics, but the financial market is an important part of life too, so there as well America will keep trying to knock out anyone it doesn't like. But how long will the chaos stay controlled?
THE RIDDLE OF THE DECADE… Is someone manipulating the oil market? The… — Golden WARS — TG.ME
July 30, 2026 143