Wen $300 dollar oil barrels?
>>62032955Doomers are retarded.
>>62032963Doompill not, my friend.
>>62032963You're the retard if you think being ruled by satanic cannibal pedophiles isn't doom.
>>62033001This is /biz/, 90% of the posters here would gladly debase themselves for an invite to the baby rape cannibalism parties.
>>62033001>>62033029No this is doom. I refer specifically to the economic collapse doomers. They are unfortunately in ful wish bias mode. Corona was the big doom, then the vax, then from 2022 basically nostop the coming mega recession. And nothing of that happened. We have to analyse these things objectively.
Two weeks$500TTP
>>62032955Literally nobody said we were "moments away" from $300/barrel, but if the conflict continues, we would easily see $200+ per barrel. US oil prices are artificially depressed. Fuck this fat shill.
>>62033179I really doubt this unless Saudi oil infrastructure is destroyed. The world already adapted by consuming less oil because of the price, increasing production, increasing other energy and buying more Russian oil. 100 seems a fair price for a closed hormuz, maybe spikes to 150.
>>62033179Do you not realize its only 20% of the oil supply?
The shortage is already in the supply chain. And the shortage hasn't been stopped yet. This is going to get very funny. Everybody will be so surprised by supply chains.
>>62033208>only 20%
>>62033208That's now how it works...
Bump
>>62033208>onlythis fucking board is dumber than /pol/ at times
>>62033208Average CNBC talking head
>>62033208>Do you not realize its only 20% of the oil supply?its more than that now, especially with ukraine targetting russian oil
>>62032955This is the Quartering we're talking about here. The guy is a lolcow who is for the war and was recently proven to be a cuckold. He's trying to be sarcastic in that pic.
>>62032955A price quadrupling for temporarily losing 20% of supply was always a ridiculous prediction.
RLC
>>62033599It’s already back up on the way there, Brent will be between $125-$150 in the next two weeks.
Why are there a dozen threads with twatter screenshots of this literal who retardBuy an ad
>>62033597You mean a neckbeard video game reviewing MAGAtard isn’t giving me cutting edge geopolitical and economic takes?
>>62033208Look. Dumbo. >10% loss. Oil up 10%?>30% loss. Oil up 30%?WRONG. Oil demand is completely inelastic. In year maybe it will adjust. But the relationship between supply, demand and price is not linear. Unlike your fucking brain.
>>62032955>Wen $300 dollar oil barrels?You should ask Trump. He is the chief insider trading specialist. I personally am staing out because i don't want to be robbed by insider trading faggots in Trump's government.
>>62033753It'll go up, but 300% is absurd.
>>62032955I voted for this
Italy.We are lucky we have ENI
If it gets to 300 per barrel we unironically will go to war for oil for real
>>62033599LMAO look up the 1974 crisis and how much oil was blovked for a 400% increase
>>62033208Your arm is only 20% of your body
>>62034947The world is a different place today. It's much easier to avoid oil.
>>62034710ENI sells at market prices you retard.
>>62032963no no, you don't understand, their five grand they made by gambling with oil options will make them the fa vela king after society has collapsed
>>62034947>look at half a century ago!okay, but that is not the world you live in, anon.
>>62032955Should I buy or sell?
>>62033208>only
>>62032955Nobody can make a profit making anything with $300 a barrel oil. It can only rise to such an extent that those buying it can still use it profitably. If it goes too high, nobody can make use of it and so nobody will buy it.
