That's the price of oil right now? Where are all the economy experts of this boards who were saying based iran would collapse the world economy and put the great Satan on its knees? Where are the faggots who said US would be expelled from the gulf because Iran is bombing shopping malls and hotels? As always, a bunch of fucking retards lol
>>530392522BINGO. Trannies have no more fuel and other woke retards.
there's a lot of angry pajeets here who realize they're going to be back to their rickshaw job soon
>>530392522The straight of Hormuz is wide open :)Oil to $50 by eow~
Give it some time. It will get worse.
>>530392522Inifinite migger cope
>>530392522OH NO NO OILKEKS ARE YOU ALRIGHT?!
>>530392717seethe jeet, we got iran and are getting cheap gas, all bricshitters intellectuals predictions failed
someone’s gotta kill these price gouging niggerkikes at the gas stations 4.70 for diesel in denver suburbs today ridiculous
>>5303926752 more weeks, until then we can enjoy seeing another ayatolah killed, a bunch of leadership and the rest of Iranian missiles, see you there:-)
>>530392522CIA manipulation of the market isn’t the win you think it is
>>530392811you won't do shit
>>530392522$80.61-14.16 -14.94%
>>530392522Is this how I get rich? Looks like a good time to buy.
>>530392522200 million barrels have disappeared from the market the past 10 days. Give it another 10 days, another 200 mil will disappear. The market is playing on the headlines that the war is coming to an end and that trump is going to pull out which is why it's gone down so much. I guarantee you oil will go back up by end of month when the market realizes that Iran is not relenting. Give it time, trust the plan, and the great satan will be defeated.
>>530392861>the cia is manipulating the market to make it better for americanslol, lmao even
>>530392807>we got iranFound the israeli kike
/pol/ is always wrong lmao
clown world
The game literally plays out the exact same every single time for the last decades.>US does something>"Now they have done it! This time they have overplayed their hand and their empire will crumble!">people short them>US wins, like they always do>"C-CIA manipulation..."
>>530392522Jews are rigging the markets because they want America to keep fighting the Iran war an need public support for it. High gas prices would make the public oppose the war even more than they already do, and Israel would end up being destroyed.
>>530392867yeah probably not will you, faggot?
NOOO MY HECKIN YUMMYRINO GREEN LINE TURNED INTO A HECKIN RED LINE ITS DOING ME A HECKIN FRIGHTEN
>>530393062Not happening. The US Navy is the world's biggest bunch of cowards.
>>530393173nope, not going to do a terrorism for you, sorry glowie
posted too soon award lol
They just halted Oil>rumors Iran is mining the straightGJ OP
>>530392522Well my little brainlet. The market is speculative and the world economies vowed to unleash their reserves Monday after the market freaked out. Also, Trump hinted that the war will end soon. If Trump TACOS then everything goes back to normal.
>>530392522Trump panicking and releasing rest of strategic oil reservesWe'll see how things look on day 2134 of 14 day operation
>>530393531>the world economies vowed to unleash their reserves Mondaynope, they didn't pajeethttps://oilprice.com/Latest-Energy-News/World-News/G7-Nations-Delay-Strategic-Oil-Reserve-Release-Decision.html
>>530393292fucking retard i’m saying what you said back to you
>>530393640i know you are but what am i?
>>530392522We spent nearly half of our strategic petroleum reserves in 2022 to fight prices rising. Unfortunately we forgot to replenish them.We have dramatically less resources to fight this price long term. The price you see there assumes this will all be over soon.
>>530393510>mining their strait with no navyThey only have a handful of loud old submarines left, any one that pops up will quickly become scrap at the bottom of the ocean, there's US nuclear subs and ASW aircraft looking for them right now, but that's not something your brain can process
>>530393062Even in the middle of murdering children, they are doing pump n dump scams.
>>530392522it's just a whales rug pull on futures plebs.Bouncing is coming.
>>530392675>>530392717>>530392861>>530392941>>530393169>>530393531Always wrong, always with the ridiculous cope, keep being retarded and i will keep making fun of you everyday
>>530392941I am thinking that this is 4d chess by the g7 nations to refill their reserves for cheap by manipulating the markets before things might get messy.
whether the prices stay low depends entirely on how long mutts keep playing thei "war". afaik it all comes down to assumption that orange nigger declares victory and just fucks off
>>530394209Putin said yesterday that the price spike wouldn't last long lmao.
>>530392522The west is emptying their strategic reserves to keep the price low.
>>530393531>Trump hinted that the war will end sooWhat if the war doesn't end soon?
>>530394092Seethe kike
>>530392522>NOOOOOOOOOOO PLEASE PANIC ABOUT OIL PRICES PLS PLS PLS
>>530392522Hopefully you were smart enough to buy at that price since boots on the ground means a prolonged uncertain situation. Do what you want though.
>>530394092Behind schedule, over budget, and always wrong. Such is the sad existence of the shill
>>530393136>USA winsWhen? Lol
>>530393731>Unfortunately we forgot to replenish them.It's a massive problem democracies have in general. Spending money in a sensible way like filling up your reserves and so on is the obviously correct approach that will pay off long term.But a politician's term is only 4 years and the crisis might not come during that time.If some other politician promises to use the money for some new gibs or subsidies program instead, he'll easily win.The majority is retarded, and therefore democracy leads to retarded decisions way too often.
>>530394441That's when the fun begins: people will be sent to die to artificially dilate the hormussy
>>530392522Zoom out nigga
>>530393269this. houthis already sent them running from a much larger pool. no chance they can keep the hormuz open, they will not even try.
>>530394581Unironically needs a law that enforces procurement of reserves when market price is good, overseen by a neutral agency that is full with nothing but nerds
>>530394732why do you never hear about the Houthi's anymore?
>>530392522Hold physical
>>530392522They'll never admit they're wrong.
>>530392522Zoom out retard
>>530392941That's right. Investment firms and billionaires are just blindly following headlines because they're too stupid to think two weeks ahead, unlike the super geniuses on /pol/. Come on anon, if you're such a genius, then tell us how much you've made on the market. Surely you'd be worth a lot of money with your foresight.
>>530394645Shit is up 30 bucks in a week and they're screeching about how it's not up 60 bucks, that that's somehow a win. Nothing has changed on the markets or the situation in the east for the better, the only thing that's happened is G7 getting together and discussing the possibility of dumping reserves. While they have not started dumping yet, the threat of it suppresses speculation. Meanwhile, no matter what the orange retard says, shit is just getting worse for them over there. The retarded niggers posting here though are the same ones that thought Russia was going to run out of food and bullets in two weeks.
>>530392811>price gouging niggerkikesIt’s fucking infuriating.
>>530392522So I checked for the last month and it's clearly higher with a momentary dip for now that will quickly be forgotten once reserves are used up.
>>530392861Shut up 51st state
>>530392819You really think orange nigger and his entourage of drooling retards won't escalate this shitshow? Without war people might start talking about Epstein again
You can tell kikes got fucked up by the massive market manipulation and media campaign that is going on so that they can leave the goyim who believe it holding the losses
>>530393136Niggers never learn
>>530392522the market is betting that Trump Will Chicken Out
>>530392522They released world reserves to buy them some time.
>>530392675Strategic reserves can barely last a month
>>530392522>G7 dump their reserves>wow why are oil prices falling!!The world may never know
>>530392522I told you nothing ever happens.
>>530392522>taking a victory lap mid raceyou should suck your own dick right now, why wait, clearly you are a winner.
>>530395130G7 announced reserve dumping. They aren't actually doing it. They will use the price drop to refill and then laugh
>>530395254>G7 announced reserve dumpingno, they didn'thttps://oilprice.com/Latest-Energy-News/World-News/G7-Nations-Delay-Strategic-Oil-Reserve-Release-Decision.html
>>530394900Yeah there is still extreme volatility in the oil market, it COULD so easily be back over $100 a barrel by Monday. Only a propagandists would say otherwise.
>>530395254>They will use the price drop to refill it with the oil that is not coming outThis is your brain on kikenomics
That's because they're using the strategic oil reserves
>>530394871It was $120 a few days ago so we're all the investment firms retarded then or now?
>>530392522Pool's open
>>530392522>this thing predicted to happen in the near future hasn't happened yet therefore it never willWhy is everyone here so low IQ?
>>530392522Trump said the operation is basically over and the price went down, which exactly what the concerned people wanted. Before that, the messaging was that this could go on for months and they weren't ruling out a military draft, which is part of what made a barrel of crude skyrocket. Why do you need this explained to you?
>>530395724it worked kek
Oil makes up 3 trillion dollars of the 120 trillion dollars of the US and we produce more of it today than we ever have. There will be no global economic crash, you've been duped by latent conspiracy fags again.
>>530396116>20% of the world's oil disappears? So what..I drive past a rig everyday that pumps oil..we got plenty of it..lmao there won't be any impactBased retardMiddle eastern sweet crude is infinitely better, sweeter and ready to go than anything we could pull out of the new world. Enjoy that $6 a gallon gas at Easter
>>530392522Nothing ever happens
>>530395724>Trump said the operation is basically overA unilateral declaration of peace! Like pushing on a string
>>530392522>conman Trump says day 262 of special Iran operation is most probably, definitely over>insane markets pretend this "good" news is unironically good newsthe truth is the markets have Zognald Derangement Syndrome. we still have 8.5 years to go before we out do the Iraq war
And this was yesterday. Nooootice something. >Fake news about the gulf if homo’sThat was deliberate FAKE NEWS and you can still see it in from a google search. They are technically not lying because they are talking about ships with their transponders on. Obviously every ship going past iran will simply be switching the transponders off as people are not complete idiots.Bloomberg and all the rest of those fake news outlets should now be seized and they should all be arrested snd put in military camps as prisoners of war.
Never bet against America.Fuck yeah.
Yeah where’s that Norwegian retard who was crying doomsday Kek
>>530392522Probably getting new talking points.I remember last year, when they were insisting we'd be in a depression by the summer.
>>530393906Yeah, the USA is horrible.If they bombed that elementary school, they killed children, wives and mothers all at the same time.
oh look it's over 90 again lolfucking 3rd worlders and miggers are mentally the same. unintelligent morons who are made for each other. economics is beyond them because it actually requires you to think beyond the current moment. it isn't a tiktok video for you to consume in seconds.
>>530393626They don't have to release the reserves, just have to SAY they're going to release the reserves. The market is all about vibes and rumors, it's why you can have Nvidia, OpenAI, and Oracle just exchange 100 billion between them with no growth and stock goes up.>Oil goes up >Have to release reserves>Oil goes down on news>Don't have to release reserves anymore>"But if you're not going to release the reserves anymore wouldn't that mean the price goes up?">"No silly. If the price goes up we'll release the reserves"
Its going up again migger. We're going to lynch you when it reaches 150 per barrel
>>530392522Kek
>>530398544>They don't have to release the reserves, just have to SAY they're going to release the reserves.They didn't even say that though. You're coping.
>>530398544>The market is all about vibes and rumorsjesus christ spoken like a literal retard lmfao. the vibes and rumors are used to manipulate morons like you into having no idea what the fuck is actually going on. markets are driven by data and nothing else. smart money doesn't move based on vibes and rumors. they move on data and inside information. the data says oil goes up.
>>530392522>Where are all the economy experts of this boards who were saying based iran would collapse the world economy and put the great Satan on its knees?Nigger we're barely into this thing. Sand niggers and shitskins in general are excellent at expending life and outlasting civilized worlds in forever wars. Trump not putting boots on the ground means no regime change. No regime change means nothing geopolitically will change. Iran's ability to wage war will significantly be decreased. It already has. But they aren't going nowhere. They will still be chanting death to America, they will still send niggers here to knife attack white people and suicide attack large events. The only solution to the Iran problem has always been sever ties to Israel, stay in our neck of the woods, and completely close the border and stop letting people in period. But none of these things will ever happen. This manufactured crisis will lead more sand niggers to western countries seeking "refuge", and we'll take them as always. We will slowly turn less white, we will slowly see people get killed and raped, and it will all seem far away to most people until it is too late. This has always been the goal. Israel isn't taking anybody in. But they're more than happy to blow some shit up when they aren't fitting the bill in any way, and their geopolitical goals are furthered.
>>530392522G7 released their reserves, dumbass.
>>530392522What’s the price now?
>>530392522>Trump plans to rugpull the entire global economythis shit is gonna end badly
>>530398544This is only true in futures trading where the physical goods never actually change hands. The effects of oil scarcity begin to show when refineries begin to run out of stored and in transit oil and they need to restock, which futures trading is meant to smooth out so that there are no insane spikes if multiple large buyers need a good at the same time.
>>530398117> No coke> No beer> No gunsGood effort but still needs work.
>>530392522You trusted brown cope on /pol/?
>>530398666Hail Satan
>>530394988This war did not get people to stop talking about it. It cemented in peoples mind that he is 100% on the list.
>>530392522The question you should be asking is, why is the economy so shit if oil is that price
>>530399023>>530399125>>530399755You want facts and data? Outside of the Persian Gulf, we have 900 Billion barrels of oil in reserves, that's talking about The US, Russia, China, Brazil, Nigeria, EU, etc. We can dig into our reserves for much longer than Iran can survive. Smart money knows this, is why you haven't seen a spike, nor will you ever see $150 barrel price, the countries of the world would much rather go thru the 900 Billion in on reserves than to have an economic meltdown. Iran could blockade for 26 years at our current consumption level of oil BEFORE we even feel anything Stupid niggers the lot of you
>>530401638Actually the total between the G7 and China is closer to 3 billion barrels but pumping is also an issue. During the last oil peak when oil reserves were opened, the west pumped out 1.1 million barrels per day, 5% of the normal volume of the strait.
>>530401638>We can dig into our reserves for much longer than Iran can survive.No you can't lmao.
>>530401638>>530401861basically the west is never going to run out of oil, but the strategic reserves are primarily designed to guarantee access to oil for critical industries rather than to stabilize prices, meaning it can't scale up releasing oil infinitely.
>>530401638this is the shitcoin economy and we all gonna eat our part
>>530401638The US isn't going to dump its entire reserve. This price drop is speculation tied to g7 claiming they're gonna dump strat reserves. But even if all g7 nations dumped their entire reserves, which they won't, it's only enough to counter the strait blockage for less than two months. So if they dump half, which is still crazy, its less than a month of the straits output. Will the g7 put themselves in a precarious position with no end in sight of the strait being closed? Absolutely not.
>>53039252240 days monkeymark it on your calendar
>>530396557>20% of the worlds oil is gonna magically disappearYou should learn how economics work, because it's not the way you think they do.
>>530394829That policy will obviously impact the market and will be capitalised on by speculators. The market cannot be forced one way or the other by price caps without opening opportunities for exploit by the obscenely wealthy.
>>530392522wait till their reserves run outthey will have to come out with another virus to keep up from using gas.
>>530392522Trump blew some smoke into the supply chain to help fill the shortage. The smoke is already going away.
>>530393531But he never said the war will end son, he said he doesn't want to put a number on it. The media asked him this because they wanted to do the whole day 1,029 of the 3 day special military operation that keeps humiliating Russia to this day.
>>530392522Is everyone here retarded? holy shit tiktok is smarter than /pol/ at this stage what has jidf done to u retard newfagsusa has oil reserves worth $5 fucking trillionEU has $500b worth of oil reserves
>>530407704Whats your point Abdullah within the context of this thread
>>530392522So double what it was before the war
>>530392522how many times do we have to win this war? i thought we won already, how many times do we need to win?
>>530392522I can't believe it went this low. Russia had a lot on the water didn't they?
>>530394871>Investment firms and billionaires are just blindly following headlinesyes, absolutely. Did you forget that situation from last year when one fake tweet caused stock market to go strongly up? This current drop isn't based on anything substantial. It's just vibes.The actual situation in the real world is still bad as fuck and that's why prices will soon skyrocket
>>530392522Still trending upwards dipshit lmao
>>530408008I am unironically tired of winning
SHORT TERM PAIN, LONG TERM GAIN
>>530392522>>530392819enjoy the next few days, you won't be able to make threads like this for long :)sorry about you being a kike btw
>>530392522Why are traders such drama queens? They've been pumping and/or dumping the price of oil by 15% twice a day for a week based on the latest truth social post from Banan Drumpfy.
>>530411835your chart is 25 years out of date grandpa
>>530411972>doesn't know his history or what a corollary is we know
>>530411835Oh I will enjoy the next few days don't you worry lol
>>530412162>Past performance does not guarantee future resultsthat first bit of advice is free, but anything more is gonna cost you gramps.
>>530392522Back up to 87 trending higher. Traders realizing Trump is full of shit and nothing he says should be taken at all seriously.
>>530411949What youre watching is the careful management of market prices. The market is completely stagnant as they are pumping one sector at the cost of another and then vice versa the next day.
>>530399755Oil is a futures (commodity) trade. xD
>>530412662And seeing American officials blatantly lie to manipulate the markets.
>>530392522Can any anon answer if this is becahse the G7 nations releasing their oil reserves into the market or is the strait more open now? Both?
>>530415258The marker senses Trump wants to end the war, but it hasn't come around to the realization that that doesn't open the strait and ubfuck energy.
>>530415258Because the markets do not reflect the real world situation.the real world situation:>major refineries have been hit>strait is closedBasically, one fifth of the oil supply is off the table. You can't use oil if you can not refine it.China for example, still receivs oil from Iran. But they do have their own refineries, so they can actually use it.Around one fifth of the oil is currently gome from the market. That is -20%.Most of that oil is supposed to go to Asia. Japan for example is 95% reliant on Oil from the strait of Hormuz.However: Most refineries and oil pumps around the globe do not run at 100% capacity. So some of the issues can be alleviated by increasing production. There is a buffer.The claim that Oil is over and no one gets any, is just not true.But the oil price is definitely going to increase. The shortage won't happen because there is no longer enough physical oil to go around.The shortage will happen because the oil products that get sold will be more expensive.The stock markets have not caught up yet. The initial spike was mostly panic buying.But the fact that oil prises will continuously keep rising is inevitable.The bottleneck is not the price of crude or brent. The bottleneck are the demand on refineries that only can ramp up production so much.Reasons why the oil price fell again include things like decreases of Russian sanctions and people believing Trumps lies.You want a real indicator of oil prices? Check your local gas pump. The stock market is not real.
>>530415985The real risk wrt oil is the storage tanks filling up in the gulf.SA recently massively expanded their storage and has increased exports via the red sea, so they're probably fine.But others will see full tanks turns into pump shutdowns if this continues.
>>530392811Only been blue for a decade and they already fucked it all up.
>>530394871>Investment firms and billionaires are just blindly following headlines because they're too stupid to think two weeks ahead, unlike the super geniuses on /pol/Volume on spot-oil is DOUBLE what it normally is, retard. That's not petrol companies buying & selling their normal weekly supplies.
>>530392522trump manipulate the market, he literally said it before, like 'yo yo'
>>530394988>Without war people might start talking about Epstein againWar brought the DOW below 50k, which means we're allowed to talk about Epstein again.
>>530416722Investment firms and billionaires will just find a way to carry their wealth through the incoming decline, and then buy properties, companies, infrastructure and other things that have real value on mass.Money always wins.
>>530392522Always goes down a little and then way back up. The problems caused by the Strait being impassable haven't even set in yet and if Iran really has mined the narrowest points it's gone for months.
>>530392522>brazil monkey doesn’t understand markets I’m not surprised
>>530416836Investment firms and billionaires will dump relatively small amounts into anything as long as they think it can make them money.And when you're talking about billionaires, 'relatively small amounts of money' is a bit skewed upwards.
>>530417160My point is that they will always profit from crises.And when the firm is about to go bust because they have gambled too hard, they will be saved with taxpayer money.Private risk is your own. A billionaires or investment companies risks are socialized.
>>530412566lets see how you feel about that after the 400million barrels has run through the system (20 days of hormuz traffic) many places will experience real shortages.china 84% energy independent (can get everything it needs from russia)EU 42%Japan 17%enjoy
>>530392522I had to fill my today. Fuck zognald it was 30 dollars more expensive than last week.
>>530392522Wow, the price of something changed slightly. Look at the line, Wow.
>>530416857>if Iran really has minedCan people please stop pushing this retarded bullshit?Iran has land, sea and submersible drones. It has no incentive to mine the strait, because that also f*cks its own cargo. It's a retarded thing to even claim, which is exactly why langley pushed it through CNN.These aren't sandpeople. They don't live in caves. They have bunkers with airconditioning & internet.
>>530417408do you happen to have the large mechahitler?
>>530417299My point was that volume alone shows around half of it can be attributed to greedy traders trading papers they don't intend to execute on.
>>530417584True. That is just modern economics.It used to be that people would make money by providing goods and services.Now they make money by borrowing money for free, using what they already have as leverage.Literal ponzi scheme.
>>530417408Yes. Ever since Trump got into office, every single minor change on the line that goes up and goes down causes mass panic and annoying people coming to /pol/ to shit post.
>>530393136> >US wins, like they always doWhat have the won the last 70 years exactly?The first war for Israel? The second one? Maybe the third one? Overthrowing all Israel’s enemies turned them into lawless shitholes which is great for Israel, but how is it great for the US exactly? The only arguable success I can think of is the Balkan war under Clinton and he had to eat major plates of shit for that one. But at least the result was a gradual westernization of part of the breakup and an end to conflict in Europe. I urge you to try to defend the other wars in the kitty litter.
>>530392522Tldr the real price is going up and retarded sudacas are looking at the line movements in the short term and basedpoging about Americans that hate them not losing as fast as in a movieTiktok has destroyed your brain
>>530392861It's not even that deep anon, it's just short term trends vs long term trends, there's a reason retards here and on biz spend more time talking shit instead of becoming gazillionaires
>>530392980>he believes the memenumbers Pathetic and sad. Many such cases
>>530393731>we forgotFucking dems blocked two spending bills to refill some of it and were fucking bragging about it
>>530392522G7 announced they were dumping oil onto the market from strategic reserves to lower the price. They don't have infinite reserves, and now Iran is mining the Straight.What do you think is going to happen once the release from the reserves ends? Again: A HUGE chunk of the oil trade isn't even functioning right now.
>>530418564Anon... the did announce it, but they never dumped and oil from reserves.The market literally fell for a hoax that was probably designed to fill said reserves cheaper.
>>530392522prices are based on speculation right now, the real price increase will happen when reserves are running out and the supply shock sets in with no way to hide it
>>530407704> usa has oil reserves worth $5 fucking trillionWhat a bizarre way to measure. The strategic reserve is 416M barrels. The daily burn rate is 20.5M. This is 20 days of use. The problem of course is that it’s a global market and trying to drown one country in discounted oil is going to be next to impossible so you’re always diluting how well your reserves can soften the blow with how much gets traded away for the delta between your discount and fever prices elsewhere. >>530401638Oil reserves in theory aren’t reserves ready to pump and is an idiotic measurement here when you need years to set up producing wells and less profitable ones (which is a major reason they’re not already being pumped) are reliant on the price hikes and if that’s temporary the reluctance to invest will be a major obstacle. Look at the tar sands debacle. Oil isn’t oil either, there’s various purities that require different refineries and get different uses. The gulf states have the best oil quality for finer use, a large portion of the “reserves” you mention are shit crude, Venezuela’s “huge reserves” is a good example there, aside from the commie regime it was just never that attractive a source to pump.
>>530392522and we're still paying $1 more at the pump
>>530392522It was back at 88 hide an hour ago shut the fuck up. All that matters is the straight of Hormuz opening. Oil will go back to 100 by Friday.
>>530392659Iran just laid mines what are you talking about?
>>530418929Especially since last time it was that high they weren't anywhere near this fucked in terms of potential action and Saudis and GCC hadn't had to turn the taps off completely like right now, like that other anon said we won't see the real shit until next week at the minimum if it starts to look like it's going to be the new normal
>>530392522Gas is up 90 cents here.
>>530392522The houthis are mining the strait!>Oil goes upWe destroyed 10 empty boats in the strait.>Oil goes back down againInvestors: wait, what do you mean inactive boats?>Oil goes back upWe have destroyed 16 super duper ultra ayatollah class mining boats in the strait>Oil goes back down. This world is so fake and gay.
>>530419382err not houthis I mean Iran.
>>530419444Checked. Same shit.
>>530392941This. They're pumping up news about releasing the reserves blablabla which will work to lower the price up until the reserves running out start hitting the headlines in two weeks. Newsflash while China was refilling their reserves before the current crisis trump never bothered to so the US is halfway to out before the crisis has even really begun Nows the perfect time to buy
>>530392522>Its been less than two weeks and we have already opened the pressure valve to regulate prices This is a good thing to people who think the earth is flat and ivermectin cures covid.
>>530394581Democracy is a failed system
>>530392522Trump literally said he was planning to use the US Treasury to manipulate the oil futures markets and I'm assuming that's what happened.
>>530419754It's a good thing for people who have to drive to work you retarded faggot.
>>530392522>Where are all the economy experts of this boards who were saying based iran would collapse the world economyIt hit my strike price, and then the short positions started coming in a few hours after that thankfully after I took profits.What's happening now is a bunch of paper trading fundamentally ignoring the reality that 1/4 of the oil market is gone, punishing retards who trade on news articles rather than having immediately gone all in well before that based on common sense.I made money, and the price will rise again unless the strait is reopened. That's just a fact, not sure how you can even argue against that.But I wouldn't play what I did again, too much IV. The market is currently pricing in that some stupid bullshit might happen out of nowhere to the upside or downside in the next 50 days. You missed out on a pretty penny by not immediately betting your jungle savings upon hearing what was happening.
>>530419965That's not how it works, lmao. Gas isn't going down anytime soon, bud. It'll slowly rise if anything until this is resolved instead of swinging like a shitcoin.
>>530392522Iran pm speaker even calls american Snoykek lmao
>>530392675Ahmed you're fighting a future oil war using last century terrorist tactics it aint gonna pay off
>>530392861A FUCKING LEAF BAHAHAHAHAH YOU FUCKING MAPLE SYRUP IDNIAN SAND NIGGER CUM GURGLING KEK
>>530392522Scareblue shills just want you to feel bad so you think Kamala would be better
>>530399023>“We stand ready to take necessary measures, including to support global supply of energy such as stockpile release.”
The big boys are manipulating this trade, you don't want to bet against them. They've done this shit to silver for decades.
>>530402103This idiot is clueless lol
>>530420568Reserves aren't to stabilize the prices at the pump where you buy your mystery Chinese stimulants, you fucking retard. They're for critical infrastructure. The reserves cannot cover 1/4 of the oil trade indefinitely. 20 days at best. The reserves have not even been released. This is paper trading on the news until all of the retarded faggots trading on the news get crushed. After all of the retarded faggots have lost their shirts, and the strait situation is not resolved, the price will find reality. And the reality is that this is the worst oil shock the world has ever seen if left unresolved, i.e. the blocking of the strait continues.
>>530420170Sony: No sir, maybe on Switch?Nintendo: Wasn't us. Try Xbox?Microsoft: Yes it was us who made the slop.
>>530420170Kek what a boomer
>>530392522It tanked 12% after the US Energy Sectary made a tweet saying US naval ships were escorting tankers through the Strait of Hormuz, he then deleted it, it was a complete lie, they keep releasing these statements to the media which crashes the price of oil, it's obviously being done on purposehttps://finance.yahoo.com/news/oil-plunges-12-confusion-swirls-194952819.html
>>530392522finally that leg day is paying off
>>530419254Back to 83, what now nigger? Where's the collapse?
>>530420834>OEMAHGAWD TEH WORST EVARShut up you brown faggot, we aren't buying your shit anymore. Your countries all fall now.
>>530394871>That's right. Investment firms and billionaires are just blindly following headlines because they're too stupid to think two weeks ahead, unlike the super geniuses on /pol/.Blackrock insider hereCorrectInstitutional investors are staggeringly retardedBasically normie day traders who do it as a job
>>530394871They’re also overloaded with information and pranoid about missing out on the timing if they don’t act now on any signal
>>530392980bro the US is the biggest oil exporter how is lowering the price is good for it lmao
https://oilprice.com/Latest-Energy-News/World-News/Oil-Supply-Risks-Mount-as-Iran-Lays-Mines-in-Strait-of-Hormuz.html>Tehran still possesses roughly 80%–90% of its small naval vessels and mine-laying craft, enabling it to potentially deploy hundreds more mines if it chooses.Right now everyone thinks Iran is just threatening with missile strikes.Wait until they find out the straight is going to be fouled up with fucking sea mines. Properly CLOSED closed.
RED ALERT, RED ALERTTHERE IS AN OIL TANKER IN THE STRAITI REPEATTHERE IS AN OIL TANKER IN THE STRAITit's iranian and headed for Bandar Abbas
>>530392522What? But oil was supposed to be 200 dollars a barrel by this weekend...so that was a lie from the faggots?Ayatolldyahso
