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08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
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File: d4930925323.jpg (382 KB, 2544x4000)
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>HE BOUGHT FUCKING OIL
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>>62087540
LUBRICANT?
>>
Seems to be the most jewish asset on teh planet desu senpai. Physical barrels are going for $150 a barrel now, but the niggers in charge of the prices are only pricing it at $70 a barrel for the next few months??

So if you question it, people say the strait will be opened and everything will be fine, but at this point tons of petrochemical plants are getting blown up left and right. Its not even about the strait anymore....but for some reason the price doesn't really take off like it should.
>>
>>62087540
BABY OIL DIDDY BLUD
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>>62087618
It could be the market pricing in covid style lockdowns to reduce consumption.
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>>62087618
The trick is that there is no such thing as a free market and there never will be.
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>>62087540
Better than dog coins
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>>62087922
Sure, but if you're underpricing a real physical thing, you're going to have to start rationing it. Also you're probably going to see a black market form if the right measures aren't taken.
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>>62087540
if you got in on it early in the fiasco then good for you. buying now? you must be nuts when the hormuz is barely a fraction of a percent of commerce. they'll have to make paper oil cheap again eventually.
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>>62087540
I've owned oil for 6 years. Get on my fucking level.
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>>62087540
Shut the fuck up you moron. It's going to $200 whether you like it or not.
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>>62087540
>bought USOY at the literal pico-top
>signs of taco tonight with rumours of ceasefire
I guess I will be averaging down. There's no way oil doesn't reach $200 this year
>>62087973
It's not barely a fraction. Jet fuel price skyrocketed already and 7% of all worldwide planned flights were canceled as of now. This is just the beginning.
>>
Oil will keep going up at least until Trump gets on TV with tears on his face and begs Iran to open the strait. That's the bare minimum. He'll probably have to suck a donkey before this is all over with.
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>>62087540
And made 20k in the last month thru leaps and selling shorts KEKAROOOO
>>
"USOY" nigger what the fuck are you doing, buy futures like a functional human being
>>
kek oil baggies



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