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This sounds like the US is planning to sell off its SPR

August 19, 2019 6:00 pm by IWB

via @chigrl:

under the prior administration US was supposed to sell from the SPR to fund a much needed upgrade>>> US study to focus on leasing, not closing, portions of SPR: sources https://spglobal.com/platts/en/market-insights/latest-news/oil/081919-us-study-to-focus-on-leasing-not-closing-portions-of-spr-sources?utm_source=twitter&utm_medium=realtime&utm_content=oil&utm_term=news&utm_campaign=webed&utm_source=hootsuite&utm_medium=twitter&utm_term=plattsoil&utm_content=6baa4bc1-ffb8-4cab-9675-3787dfd4aba1&utm_campaign=hootsuitepost

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Let’s update this. Semiconductor sales this quarter (YoY)
Germany is probably already in a recession by most metrics
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