TyB
planeFag:Europe/eastern Med and overnight activity
Start with the overnight stuff-Zelensky @ Oslo etc
SAM615 C40B headed ES and left behind Zelensky’s AC-that still at Oslo from arrival earlier >>20066802 pb and had a stop at Shannon for refuel-last pickup of transmission over Adriatic Sea about 6h ago
JAKE17 Rivet Joint covered Zelensky’s arrival then went over to circle Kaliningrad and back to RAF Mildenhall
Russian AF RFF7301 Tupolev Tu-154 still at Tehran after Moscow depart
>>20065157, >>20065795 pb
Current actives
Italian AF IAM9002 A319 andpossibly Melonideparted Rome-Ciampino Intl and likely heading for Brussels
Italy could veto deal on EU stability pact rules - Meloni
https://www.msn.com/en-gb/news/world/italy-could-veto-deal-on-eu-stability-pact-rules-meloni/ar-AA1lraWQ
Greek AF HAF352B Falcon 7x NW and HAF678 G5 both left Athens
EU calls Türkiye ‘key’ partner amid thaw with Greece
https://www.dailysabah.com/politics/eu-affairs/eu-calls-turkiye-key-partner-amid-thaw-with-greece
Finland AF FNF462/3 Learjet 35s NE from Berlin depart
NATO02 E3 AWACS trackin’ over eastern Estonia
Lithuania AF LYF278 Alenia Spartan EN from Brussels
IAF IRON G550 Oron AEW&C out from Nevatim AB
Morocco AF FRV1315 G5 NW from Dhabi depart entering Med crossing Egyptian coast
Even though CONUS we’ll finish off with these landing earlier this morning from Israel and Italian AF
>>20066852, >>20066886 pb
Israel AF IAF669 707 Re’em tanker landed at Dover-Dec 2 saw same type AC leave at 1am EST and earlier in the day we announced they would be getting 2 MOABs-see link 2 above
We’ll see where it goes upon it’s return across pond and if it’s allowed to land at RAF base and not redirected since there was about an hour of roundies over/near RAF Hongington and PF speculated that the ‘negotiating’ for ATC clearance resulted in redirect to Birmingham Intl
Italian AF IAM3115 Falcon 900 landed at JBA after Rome depart and Shannon stop for refuel
SAM196 G5 NW from JBA and likely heading to Anchorage-Elmendorf
SoKo AF POSIDN1 P8 Poseidon out on a Boeing test flight from Seattle,Boeing Field depart
Otherwise looks pretty normal but bizzy
Always been vanity vehicles and trucks mfg costs are very high and any repairs will also be commensurate with those high production costs. Muh insurance went up because (agent said) in case you hit a Tesla or involved in accident with one
WTI Holds Gains After Big Crude Draw; Biden Admin Unexpectedly Drains SPR
[not long after agreeing to purchase (DOE) for SPR something like $9 above the spot price as it dumped just after that deal made and coal is off -4.25%-Energy prices cap 3]
Yesterdays puke (though WTI is still on pace for its longest weekly losing streak since 2018), as OPEC forecast a significant shortfall in global oil supplies next quarter.
It even raised forecasts for the crude needed from OPEC this quarter by 190,000 barrels a day, amid a weaker outlook for production from its rivals.
"Speculators played a major role in this trend, cutting their bullish positions sharply while increasing short positions. The market dynamic was fueled by exaggerated concerns about oil demand growth, which negatively impacted market sentiment," the report stated. theory, that puts world markets on track for a record shortfall of about 3.3 million barrels a day in the last three months of 2023.[see below on Contango]
Such estimates are increasingly hard to reconcile with real-world data.
“The oil market will likely struggle until the numbers confirm that OPEC+ have reduced production in the first quarter next year,” said Arne Lohmann Rasmussen, head of research at A/S Global Risk Management.
That doubt may explain why key market gauges over the past few weeks have signaled supply continues to outpace global demand.
Nearby contracts are trading below those with a later date - a bearish structure known as contango - and some spreads are at the weakest since late 2020.
The bearish view could be upset if API's crude draw is confirmed by the official DOE data.
https://www.zerohedge.com/energy/wti-holds-gains-after-big-crude-draw-biden-admin-unexpectedly-drains-spr
The Oil Market’s Latest Setback: Contango Everywhere
For the first time in more than a year the oil market is flashing bearishness in every key global pricing hub. Wednesday, several Dubai crude timespreads flipped into contango, a structure where nearby prices trade at a discount to later ones, after similar moves in the Brent and West Texas Intermediate benchmarks. As well as pointing to an oversupplied market, contango also tends to provide trend-following funds with a signal to sell more futures.
Crude markets are being pressured by higher supplies, particularly exports from the US, which have countered a decision by OPEC+ producers to curb output. It’s a weakness that has helped drag headline Brent futures prices to the lowest since June.
Until now, Dubai spreads had been trading in the opposite structure, known as backwardation, all year. That was a result of supply curbs from OPEC+, which reduced supplies of the heavy sulfurous — or sour — crude pumped in the Middle East and shipped mainly to Asia.
Moar
https://finance.yahoo.com/news/oil-market-latest-setback-contango-131517968.html
The Futures price (forward contracts) are higher than spot price
Contango Meaning, Why It Happens, and Backwardation
https://www.investopedia.com/terms/c/contango.asp
https://tradingeconomics.com/commodity/crude-oil
https://tradingeconomics.com/commodities
>UAP
Controlling the “disclosure” narrative-its already habbened if you pay attention with billions of our munee
(55)
Chek’t
Only way any of the IsRAel question gets solved
Must come from hebrews or won’t get anywhere