Papic: Oil Spike at $90.47 to Hit US Harder Than China

Geopolitical strategist Marko Papic argues a global oil spike would hurt the US more than China, citing China's ~1.2 billion barrels of storage (~104 days), diversified suppliers, and refinery flexibility versus US net crude imports, heavy-grade refineries, and consumption-driven economy (~75% of GDP). Reports today highlight potential US gasoline at ~$6.50/gal in California and ~$4 elsewhere, curbing spending and amplifying pain, with energy at 10% of GDP and 5% of jobs. Papic's January 2026 long oil calls reinforce bullish outlook on WLDOIL now at $90.47 (+0.89%), signaling upside for energy trades.