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Oil is beginning to dramatically decouple from Natural Gas and Diesel as the EU attemts to cap Russian oil exports, China is heading towards a recession. Diesel stockpiles are now the lowest since 2008 as a brutal winter could descend over the Northern Hemisphere.

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Is the West becoming too overconfident with its Sanctions on Russian oil ala the looming oil price 'cap'. Russia could cut its wheat and oil exports from the West entirely.

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