NO NO NOOOOO THIS WAS SUPPOSED TO BE THE END OF BLUMPF NOOOOOOOOOOOOOOOO!!!!!
oil is gonna be $40 a barrel and trump is gonna create 600k jobs in the oil industry when we annex venezuela and iran then because of it and make the dow go to 70k by EOY. fucking love that man.
Lmao. Miggers are delusional
>>530332882You sound very jewish
>>530332882>oil is gonna be $40 a barrel and trump is gonna create 600k jobs in the oil industry when we annex venezuela and iran then because of it and make the dow go to 70k by EOY. fucking love that man.
>>530332882delusional Miggers lol
>>530332791>CFDsAnon is rude to take advantage of retards like that.
>>530332791already back up to $89
>>530332791Guys I fucking love Trump
>panicans big broke
Unironically what caused the drop? It hit $110 a barrel yesterday and nothing happened that should have bought prices back down
>>530332791Await the new orders and topic to shill, comrades. We'll get him next time, for sure!
>>530333444a 100% increase in oil prices in less then a month will cause drawbacks, the straight situation is bad but most countries in the gulf have 25 days of oil in reserves so we reached 100 dollars a barrel way ahead of when it would be reasonable to price it at such a level the closer we get to march 24 and if there is no bereavement of the blockade then we might see oil stay at a sustained 100 dollar valuation
>>530333686Ah ok thanks anon. That makes a lot of sense. But even then the strait is closed so those gulf states can’t get oil out to the world right? I guess what you said would apply to countries with oil reserves around the world though
>>530333444It's CFDs not the actual price, people are betting it'll come down but it hasn't actually come down.
>>530332882Holy cope
>>530333444G7 countries said they might release some oil from reserves, traders were overly optimistic when trump said the "war" was "pretty well complete", when nothing has really changed, plus rises that quick will have selling pressure.
>>530333863The main issue with oil (to my knowledge) is that OPEC was flooding the market with cheap oil wanting to keep oil prices down, so they emptied their reserves, meaning that there is a lot of oil currently circulating in the market but little in storage if a blockade or destruction of oil reserves continues then it gets very bad and prices could touch upwards of 150 as bahrain said it is in trump and other world leaders interests to downplay how bad the situation is
>>530332882and then you woke up really really sweaty
>>530332791>WTIYou are falling for a jewish trick. Try looking at Brent like the rest of the world, faggot.
It's fantastic that everyone blamed oil prices on Trump. Now that it's fixed, that means Trump fixed it. Again.
>>530332882>600k jobsIs that for 600k chinese students?
>>530332791Zoom out. Speculators are taking profits on a parabolic move. The trend is still very much up. This is all trade on news. The lagging fundamentals literally haven't even caught up. $150 a barrel EOM.
>>530332791it's alrady jumped to 90 again
>>530332882But the jews already blew up most of Iran's oil infrastructure
>>530335737>>530335768>panicans detected ywn be a magadican
>>530332791>buy the dip
Insider here. Just got off the phone with the ceo of exon. Stock up now. $600 a barrel by April 1st.
>>530332791BUT THE STRAIGHT OF HOMOS AAAAAAAAAAAAAAAAAAAAAAAAAAAA
>>530335940Miggers come up odd shit to cope.
>>530333927What is a cfd
Never bet against America. Brownies and ziggers never learn.
What's that graph supposed to mean? Weren't the prices going up?
>>530332791NOOOO STOP IT JIM CRAMER SAVE ME
>>530332791this is G7 agreeing to unlock their reserves, which is 300 million barrels, aka 15 days.at the same time it seems some boats are being successful in passing the strait, but that does not mean iran can't shoot those boats, situation still uncertain
>>530333020Faggots pissing seething right now
>>530336295>G7 agreeing to unlock their reserveshas not happened
>>530332791>he bought?>dump eet
Sources tell me oil is stable.Please God.
>>530336426but it has, and who knows how long those reserves last. apparently our reserve was close to empty so we'll be fucked before you will
>530336151seething panican
>>530332791>>530331339it is over
>>530336173contracts for differencegambling^2
>>530336606Kek
>>530334162>OPEC was flooding the market with cheap oil wanting to keep oil prices downYou're actually a fucking moron, OPEC doesn't want low oil prices it has been fucking their economies, the oil glut was seeded years ago when OPEC tried to destroy the US shale oil industry by flooding the market making it so oil was so cheap that it the cost to extract oil in the US would make it economically unfeasible, this failed, repeated attempts by OPEC+ to rein in oil supply has failed as members keep undermining one another, the low cost of oil has led Saudi Arabia to have to increase its borrowing, they used to have no debtIn short the rise of the US as an oil exporter thanks to fracking has undermined OPEC+ and made it so the US isn't dependent on Middle Eastern oil, the US imports cheaper heavier crude oil from Canada and Venezuela which it then refines as it has most of the refineries that can do this while it exports the shale oil which is easier to refine
>>530333020>prayed for his downfall, hoping to see oil rise to $200/barrel >lashes out when the opposite happensDrumf sister...Not like this
>>530336659There has been no deal. Only discussion.
They discovered a less ideal and longer route around Africa.Maps are being adjusted. Star charts for the southern hemisphere being pulled out of storage. Navigation will be able to commence immediately.A route that takes less time than reserves would run out and just means adjusting for a couple weeks of delay between production and receiving.
>>530332791It takes 5 months on average for oil prices to go back to their pre-conflict price, crude was USD$66 before this and brent crude was $73, in an economy already dealing with inflation now the price of everything will rise even higher, even under best case scenario petrol prices will still be higher for months, the cost of goods will be higher for months
>>530336755I'm smoking an unfiltered lucky right now, been smoking them for decades and I'm fine. It's the fake crap they put in FILTERED cigarettes that kills you. Ww2 vets smoked unfiltered and they lived to ninety. Vietnam vets? 70(ish)
>>530333444They have complete control over stock market it doesn’t have to reflect reality.
>>530332882and will the 600k jobs go to jeets or mexicans?
>>530333444At first it was reports of G7 nations saying they're going to share strategic petroleum reserves, then it was Trump saying the war is "nearly complete"(Instantly dropped crude oil from $94 to $86) and finally France saying it's going to protect the Strait of Hormuz with its European alliesPic related, it's when Trump said the war was "nearly complete"
>>530332882I mean. FPBP. You’re not wrong. There’s a reason the shills flocked to you. Something about flack and target…. Only White people would understand
https://en.wikipedia.org/wiki/2026_Strait_of_Hormuz_crisis#List_of_ships_attacked_by_IranStraight remains closed.Oil is not flowing.Trump talking out his ass hasn't materially changed anything
>CFDBetting?
>>530336911Again I’m not a expert but it sound like you are saying What ought to be, but it isn’t what is, you can tell me opec wants to keep prices high but in practice they don’t which you admitted, OPEC didnt try to destroy American production they knew Permian producers could do it profitably at 40-50 dollars a barrel just because they didn’t cut production for a little while in 2016-2020
>>530336142Lmao
>>530338443Things haven't materially changed for now but that's not how markets operate and as such it has brought him some reprieve
>>530336911Checked and the Jews did 9/11 pilled >this guy has a functioning brain and is not a shill I see you
>>530338162>it's when Trump said the war was "nearly complete"kek. So when the war's not over by the end of the week, it pops right back up again?Literal fear & greed pump & dump?Only the fucking jews man. Evil people.
>>530338358>>530332882kikes
the scalping fucking nigger jew gas station owners in my faggot city have diesel at 4.40 with oil barrels ~12$ higher than a week ago
>>530338693It’s in his interest to keep oil prices down
>>530338523They want oil at around $90 a barrel, that's the sweet spot, good profit but not too much that it destroy the economy, there's already plenty of articles written about OPEC trying to destroy the US shale oil industry since 2014, you're an uneducated fuckwit that is unfortunately given voice thanks to technology, stop voicing your opinion on topics you're wholly unqualified to talk about
>>530332791>Oils is only up 40% in a week, you lost tranny
>>530338696>kikes Did 9/11 and rape Christian children. They also deformed our architecture and infiltrated our institutions, esp Education, so much so that the percentage of gays has gone from 1-3% to over 1/4 in less than a couple decades. They are TRULY evil
>>530333444Reserves, which will only go so far
>>530338806listen i know you read your first commodities book in your undergrad economics course and want to share your knowledge which is why you list a lot of factoids unrelated to the point, and i did mistake the motives of OPEC but materially they still have lead to lower prices and have undone their production cuts, i did not mention us and brazilin producers which also lead to oversupply, there is a oversupply of oil on the market currently with 105 million barrels/day in demand and 108 million in supply so 4 million left over. i am not speaking on the market as a whole but as it relates to iran and how that affects pricing >>530337681also this isnt true oil returned to normal prices after 8 weeks in 2022 after Russia invasion, 3 months is the average not sure where you pulled this from your ass
>>530338916on what body part is the talmud used?
>>530340323>also this isnt true oil returned to normal prices after 8 weeks in 2022 after Russia invasionDo you understand what average means you mongoloid, Russia's oil in the West was consumed by Europe and the US filled that gap which is why price rise was so short lived> 3 months is the average not sure where you pulled this from your assUBS
>>530333444Spooks are forcing American puppets to open their reserves, plus they are going round to CEOs telling them if they go too kike too fast and collapsing zog economically they're going to wind up falling on some bullets. Oil will be going back up to $100+ but a lot slower so as not to panic the goyim
How long does it take to remove a sunken tanker blocking the shipping lane in the shallows? That Strait is going to be closed for a year. RIP net energy importers.
>>530332791Let's see what happens tomorrow, never a boring day with the orange nigger.
>>530340537The foreskin
>>530333020least delusional migger
>>530341240completely ignores the first rebuttal, your concession is accepted >UBSi would follow your own advice here >stop voicing your opinion on topics you're wholly unqualified to talk aboutthe data UBS used starts in the 1980s when resilience on opec was much greater, look at the modern correlation, 2000 onwards and it is more Intune with the market fundamentals today source ECB
>>530333444paper market manipulation. they're trying to buy time because things can implode very quickly with oil this hot. it's going to grind right back up to where it was lol
>>530341240>this is the power of UBS
>>530332791It dipped back down because g7 members are releasing their reserves, of which there is a very finite amount of. If Iran keeps up what they're doing, the reserves will run out, and the price will skyrocket again.
>>530342478prepare for cyclist Armageddon if that happens
is this tied to anything or just financial jews faking metrics?
>>530332791>NO NO NOOOOO THIS WAS SUPPOSED TO BE THE END OF BLUMPF NOOOOOOOOOOOOOOOO!!!!!face the truth migger: orange pedo with dementia is already finished.
>>530332791Oil going down too far is also bad
>>530342651I mean the resource that is going to the west is not even affected. Any index or price metric that is matched on anything touching the USD is going to be actually favorable sometimes, because it just means that our barrels of crude have more value, which are just in the same amount of abundance as before. Saudi can just ship through the Red Sea.
>>530332791>20% of all oil exporting comes from the Strait of Hormuz>Strait blocked>np just tap into the strategic reserves that instantly correct the price of oilPeak oil is such a hoax, just how deep are these reserves?
>>530332791that graph is dishonest. Prices are still way up.
>>530342446Shale oil wasn't even a thing in 2000, the world was still as ever reliant on Middle Eastern oil, that's just an arbitrary cut off point you're using that makes the time frame shorter, if you want to do it properly only go from 2014 onwards
>>530342446it's not a geopolitical risk at this point though, it's actual production offline, likely for a significant period of time...
>>530332791BUT WHAT ABOUT THE EGG PRICES???
>>530332791It's gonna go back up. He's in over his head now. The goddamn orange nigger.
>>530333444Iran can't shut down the straight of Hormuz.Ships are just turning off their transponders until they are through.
>>530339045Why have markets not priced that in then? If you can see it then surely investment funds and billionaires also realize the reserves will run out soon
>trump brags about lowest gas prices>Wants you to ignore highest oil prices
>>530342867Living dog jump
>>530342867They're not going back up though, ships are now freely going through the strait, ships that were stuck in the Persian Gulf have passed the Strait of Hormuz heading to the Gulf of Oman
>>530342903>that's just an arbitrary cut off point>>530342940>it's actual production offline, likely for a significant period of time...i dont think the other guy know what that means lol
I told you niggers it was a speculative bubble.>Middle East war=buy oil!And I also told you it would rug.Suck on your own hate-boner for America.We stay winning!
>>530343096> ships are now freely going through the strait, and you knows this?
>>530343171Yes both are arbitrary, the UBS and ECB which is why I said calculate the length only from 2014 when US shale oil had entered the equation
>>530343315Yes, can go look for yourself, ships that were in the Persian gulf are now in the Gulf of Oman after passing the Strait of Hormuzhttps://www.marinevesseltraffic.com/HORMUZ-STRAIT/ship-traffic-tracker
>>530343315Do you think all of the ships are just sitting there jacking off or something?
>>530332939all signs point to it being you. TDS retard
>>530333444Because Iran can't close Hormuz, simple as.
>muh Epstein list>muh Strait of Homos>muh oil shockTrump won!
I believe in nothing anymore. It's all just chaos and probabilities at this point. I just want to forever be whatever I was before all of this.
>>530343597Cum?
>>530338916You play the kike ponzi game, youre a kike, simple as.
>>530343315>>530343406Were you able to find them or do you need the teacher's help?
>>530343096>Still lying about the strait being openThey're turning around, retardo. They literally can't move in
>>530344015So they’re just chilling in the strait but not passing it? For over a week?Just looking at it longingly while sitting there wasting gas and supplies? For over a week?
>>530332882delusional
>>530344092>For over a week?So what? Every minute they're waiting the price of oil is going up.
>>530344181You’re a dumb nigger. They turn off their transponders to travel the strait.
>>530332939What’s delusional about it? The Iranians have yet to respond which means they bent the knee.
>it's another episode of paper market scamsstupid niggers.
>>530332791>trump lies>stock market believes him for some reasonSPR hasn't been released and nothing physically has changed.Can't help you if you're all mentally retarded.Oil infrastructure blown up still not repaired.Hormuz still closed.But Trump said a lie and you fell for it.
>>530333444eh, I know what happened Trump said 15 times the iranies were getting the Venezuela deal The Venezuela deal is: the US won but you are allowed to pretend they didnt. You also get all our oil and call all our shots but we are still in "charge¨The drop in oil means insiders know something the public dont, which is may be a saving face deal.
>>530344092>Still pretending to be stupid Sometimes I swear you yids would get skinned alive and dropped into a human sized deep fryer
>>530343096Fool! Iran is about to unleash th ULTRON DRONE SWARM and sink the entire oil fleet at once. America's back will be broken, the oil must flow or our carrier fleets and crack Marine units cannot reach Iran to remove the commie bastards!
>>530342835a handful of days I assume
>>530332791Its going to go back up within 24 -48 hrs when everyone realizes Cheeto Don lied again and the Straightsa are still not open and Iran war isnt over. This is why he did a press conference today and lied his ass off. Prices were reaching 115 a barrel.
Scale of 1-10How bad is economy going to get? Realistically not memes.
>>530343543you're a retard. The straight is still closed. Trump just lied and retards beleive it but the prices will sky rocket in 24-48 hours when traffic doesn't resume. Trump told more lies to temporarily bring the prices down but its a very temporary band aid.
>>530344765So you think it’s just wasting time sailing around back and forth instead of docking?
>>530345167-10
>>530344298Iranians are still attacking ships that cross.No one is crossing , Trump just did an emergency press conference to damage control and lie because prices hit over 100/ barrel. When everyone realizes hes lying and it will sky rocket again. No ships are moving.
>>530345167everything is going to be alright
>>530345248>>530345084super cope incoming
>miggers are now inventing qtard theories about the strait being openLMAO
>>530345167What can men do against some reckless jewery?
I had to fill up yesterday, I literally bought the top
>>530346837lmao I filled up and filled jugs too, the gov here has set dates for adjusting prices and they lowered prices slightly just before the barrel skyrocketed. It'll be fixed for a couple months I'm pretty sure.
>>530332882>oil is $40 a barrel>i can only buy gasoline on my birthdayk retard
>>530343538kys pedophile
>>530332791it is the end for the jews no matter how many tricks they pullthe only ones left in "MAGA" are jews and jeets
>>530343406>>530343733Hormoz status?
it keeps going up
>>530335654Trump and xi are the same person at this point and it’s a good thing
>>530349253oh no no no
