Once we've accessed all the supply that's left and we start draining it year by year shit's gonna start mooning again
>>62622872the strait of hormuz closed and oil is still below $100. there is nothing on earth that could make oil go up.
>>62622880Because the supply is still currently increasing. But there's a limit.
>russian and irak raffineries burning down and more getting attacked>Opec increases quota further>More oil for (far) less refineriesI suppose it'll dump sooner or later no matter the price of actual fuelMind that this is my schizo speculation based on very little and also public information and I have zero (0) euro in this
>>62622880just wait until the US no longer has any reserves KEK
Actual real trend for the price of what matters, refined oil.
>>62622880Two words - diesel
>>62622983Still appreciated. Refineries for sure seem to be the bottleneck along with LNG ports and ships. Seems less of a problem for countries like China that probably got domestic refineries enough for internal demand.>>62623170So getting the refineries offline was simply needed to destabilize the global economy further seemingly.
>>62623300My penny stock Canadian LNG mooned by 7000%. I fucken should have bought more. FUCK