We are going to get an oil crisis. Why do the markets not reflect that? Am I missing something?
>>62499139Buddy, Russia is reportedly planning to mobilize up to 1.2 Million people coming autumn. Some oil crisis will be a small blip compared to everything else.
>>62499139Obviously, you are.
There are more oil than refiner capacity. The refined product prices will moon after November 3.
since when do markets reflect reality?
>>62499139Oil prices went up 20% last week, thats reflecting the trouble. But there is enough oil from russia and the usa, also from the middle east circumventing this straight.
>>62499280Russias refineries are getting droned by Ukraine
>>62499139Kek they'll reflect it soon dont worryIf they started dumping immediately you'd sellThey need idiots like you to stay in doubt so they can pump it on low liquidity to get their exit at higher valuationsIf idiots like you sold everything when you were supposed to (8 july or something), we'd be down -20%You would have sold for -5%Now theyre gonna make you baghold in insecurity and confusion Maybe you'll sell it at -70% to them!
>>62499286And that affects the oil price how????Refineries are not needed to produce oilAlso its ukro propaganda anyway that this is large scale, but apparently oil schizos are the ones to fall for hohol propaganda
>>62499313>Refineries are not needed to produce oilYoure saying the economy runs on unrefined sludge from a barrel??? Damn good to know. Long everything 20x as soon as possible
Oil crises for who?US is exporting oil it’s not gonna run outEurope will just give in and get it from RussiaMaybe India and Asia gets screwed I guess
>>62499139China has accumulated the worlds largest gasoline reseves for years. They are now depleting it rapidly. This is the main reason global oil prices havent gone higher.Now secondly with Russian refineries being teabagged on, there is less oil being consumed in Russia and more shipped out.Also, OPEC countries outside of the Gulf have increased output.Considering all of this, oil price is where it should.
Markets reflect money printing. You have absolutely zero idea how much is being printed and spent to make things seem afloat. Soviet Russia would blush.
>>62499139EU only gets like 10% of their oil from Arabs. US I don't know but it's not a huge percentage either. It's the Asians who get fucked by this the most, but they can always just cry loud enough and orange man will lift sanctions on Russia.
>>62499324Russia has banned exports of oil and started importing it because Ukraine has fucked up their oil industry so badly. Russia won't be supplying Europe with shit.The only reason we have survived this long is because of the glut. Too much demand destruction coming from green energy transition
>>62499139because money makers will just print digital oil out of thin air. problem solved. you think I am retarded but thats literally how it will play out.
>>62499357I hope there's an exception for Japan and Korea whose industry I don't want to crush. I do enjoy every second jeets get screwed. No saar no price is too high do the needful do not adack the Iran do not adaaaaaaack you bloody basterds
>>62499394you can't fuel cars with money
>>62499400we will see about that.
>>62499398Rent free does not even begin to capture how obsess you poorfag timmycels have become.
>>62499405Prasad, I'm neither poor nor young... I just can't stand Indians even in finance; somehow they never ever say anything worth reading, always fill it with petty buy-my-bags type spam, and as in everything, they have the subtlety of a septic tank truck. We need to confine them to DESIGNATED spam threads.
>>62499356That's not how this works. An oil supply shock causes inflation because oil goes up so everything dependent on oil goes up. When there is inflation and lagging economic growth, central banks tighten monetary policy, not loosen it. This keeps hyperinflation from becoming a problem, but it doesn't keep a recession from happening. They can only go to the money printer when there is no supply shock.
>>62499452And who's the fucking moron who triggered both money printing/debt and all kinds of inflation-driving supply shocks? I mean, how incompetent you and your retarrdo economists have to be not to foresee this compounds over concentration, bons yield uninversion, midterm uncertainty and other factors to trigger a major recession?
To achieve higher oil prices, consumers need sufficient dollars to follow trends. However, considering the dollar index, consumers are more likely to reduce their consumption rather than increase oil prices.
>>62499139america has all the oil it needschina has transitioned to a fully renewable electric power grideurope no longer has an economy so they don't need oilthe rest of the world never used oil to begin with, they ride around on donkeys and live in clay huts
>>62499391How retarded can hohol fans get? Russia exports massive quantities of oil. What you mean is specifically diesel, but they don't import much and it's from the oil they exported.>>62499318This is just too retarded to answer....
By the way, here is a german article how russian oil exports likely made record highs last month. https://www.wiwo.de/politik/ausland/russland-anzeichen-auf-exportrekord-bei-russischem-rohoel/100235616.htmlAnd thats from german msm which is anti russia. But internet schizos tell me the opposite.
