{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"The World Isn't Prepared for What Just Happened to Oil","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/83eadb39\"></iframe>","width":"100%","height":180,"duration":1147,"description":"The supply glut was never canceled. Almost everyone and every part of the oil market remains convinced it is happening, the potential weighing on prices and movements even if occasionally geopolitics gains control over short run periods. Important macro updates from Ireland to India further prove why the glut isn't being led by global supply. And if it wasn't enough sharp declines in US usage help clear it up even more. \nEurodollar University's Money & Macro Analysis\n******\nEurodollar University's One Big Thing Weekly\nhttps://eurodollaruniversity.substack.com/\nEurodollar University's Anniversary Sale\nhttps://www.eurodollar.university/sale\n******\nTotal Energies Q2 Report\nhttps://totalenergies.com/system/files/documents/totalenergies_2Q25-results-press-release_2025_en.pdf\nBloomberg Oil Caught Between a $70 Summer and Growing Surplus Fears\nhttps://www.bloomberg.com/news/articles/2025-07-27/oil-prices-caught-between-a-70-summer-and-growing-surplus-fears\nBloomberg Ireland’s Economy Just Shrank for the First Time Since 2023\nhttps://www.bloomberg.com/news/articles/2025-07-28/ireland-s-economy-just-shrank-for-the-first-time-since-2023\nBloomberg India Warns of Trade Risks Amid Trump Tariffs, Global Slowdown\nhttps://www.bloomberg.com/news/articles/2025-07-28/india-warns-of-trade-risks-amid-trump-tariffs-global-slowdown\nReuters China's industrial profits fall further in June\nhttps://www.reuters.com/world/china/chinas-industrial-profits-fall-further-june-2025-07-27/\nhttps://www.eurodollar.university\nTwitter: https://twitter.com/JeffSnider_EDU","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}