>the oil market is gon-ACK
the shitskin malding over this has been super funny and it's only going to keep getting better
>>530432762I'm buying the dip
Say the cope guys, you know the one. About the reserves...
>>530432762Lmao, you ain’t seen nothing yet kike
>>530432844This. Buy the dip because this shit is going to soar by next week
yep, it's not looking too good
turns out i was right, blockade is a hoax
People talk about about oil futures with the same conspiratorial ideation that meme stock baggies use. It's so goddamn embarrassing
>>530432762I don’t understand the black magic of the market desu
>>530433060it's not black magick, it's panic buying/sellingi remember when tariff talk first startedall of a sudden i got plussed out on everything that came from canadaso basically panicked buyers overordered due to things on the tv
>>530433120this
>>530432844Wait until they open spr,.THEN buy the dip
>>530432844>>530432890>and their portfolios were never seen again
>>530433060>The pipeline was built in the 1980s, "amid fears that the Iran-Iraq war would cut off shipping through the Strait of Hormuz."[3]
>>530432762The spike was in response to reality. The collapse was in response to Trump's lies. One force will eventually outlast the other and win out.
>>530433120Well it seems satanic to me to make money off of this evil war. It’s definitely some sort of black magic or witchcraft
>>530433602You got it backwards. The spike was fear of something that never occurred. The dip is realizing people freaked out for nothing.
>>530434132Okay show me that shipping is pre war levels or that the war will stop within 20 days.
>>530433060>Bob's plantation grows 100 apples per day>Bob sells apples to Sally>Sally's shop sells 50 apples per day>Sally buys 50 apples from Bob every day to sell in her shop>Suddenly, the news is filled with stories about how apples are going away>Bob's plantation is fine, still growing 100 apples per day>Sally's shop suddenly has more demand for apples as people come to get them>Sally comes to Bob to get more apples, but Bob is now selling most of his apples at the start of each day to David who shows up every morning>Nobody has apples because David is buying them all>Bob has to raise the price so that David cannot buy all of the apples>Sally now has to pay a lot more for apples>Sally's shop now sells apples for a significantly higher price>Apple supply never actually changed>David (last name Goldberg) makes 180 billion dollars because he owns a ton of apple plantations and was artificially causing supply chain issues and now he can sell all of his apples at inflated prices>Prices return to normal later, but the money David squeezed out of the economy stays in his possessionThat's the dumbed down version of what you're seeing.
Saudi arabia can manage to bypass hormuz within days. Lmao, iran has no leverage.
>>530434132>>530433602both wrong. the dip was closing a gap created during extended trading hours on sunday. it was technical. notice price is sticking above the price level before weekend trading now? OP comically left that out. price will continue grinding up. trend direction is up. no amount of shilling changes that.
>>530434674Why not just confiscate all the apples from bob sally and David for their satanic black magic ring where they are clearly raping children on their farms and distribute the apples to the people?
>>530434674damn, that's a lotta words. too bad i ain't readin em
huh? then why does trump keep tweeting that the high prices are temporary and oil will drop back down after we win?
>>530432762Zoom out retard
>>530432762Some greedy Jews started dumping early. Tragic.
>>530435002tl dr - it's all fake and gay.power and control come from authority. why do most work? because they obey external sources of authority. someone with authority does least amount of work, down to just talking and being a puppet. his offspring also do zero work as a result. the most free man used his energy wisely to build up that freedom. and the least free dumbass is constantly dependent on external sources of help.why does a cityfag need "markets" and gas? because he is dependent on those comforts. he chose it and in exchange he must work a job he probably dislikes.
>>530432762Buy the dip retards. They're already mining the strait.
>>530432844should be shorting cnq at least as hedge canada is in trouble
>start dumping strategic reserves and forcing everyone to pretend all is fineThe jews are terrified.
>>530433559>ngl pipeline
>>530436955never post again gorilla nigger
>>530434934That would be communism. Don't be like the Chinese.
>>530432762>out of date image from yesterdayWent back up faggotLying won't solve a physical supply problemWhat are you, a commie?
>>530432762Too many poors. Real Demand for Oil is decreasing. It was a bad bet in a real recession. Now the real trade in 3+ should the straight be fully closed are the LNG exports to taiwan. Seeing how A.I. is currently the economy..... Though knowing TACO Trump the orange nigger will just U-turn by the time the frogs start BOILing.
>>530432762they're releasing all of the strategic reserves. this is not unlimited.
>>530432762PPT
>>530439755Whatever buzzword you want to call it that is what I want. Fuck your black magic demon
>>530436955From what I learned about oil stock. As long as it stays between certain prices the world gets decent priced oil. But if you live in a shit state like California who could give a fuck. The price of gas can be more than the national average. The average car has a 20 gallon tank. Most Americans pay in between $30 to $40 a full tank.
>>530433060Reserves are being tapped to cover the gap in supply. Japan has about a year.