It's plainly obvious the US government has put a political ceiling on oil at $99.9999. How are they doing this, practically?They could tell oil companies and traders that there will be retaliation or export controls if it crosses $100, but surely that would leak out into the press? Could the US government through some proxy be trading itself, selling whenever the psychologically dangerous $100 threatens?
>>531480991>US fighting war solely benefiting the guys who control every financial market in the world >how are they continuing to control the prices?
>>531480991Scott Bessent understands timing and liquidity. He shorts the front month contracts with massive volume timed with Trump announcements.
fraud, loads of shabbos goy are making bank on the markey manipulation right now
>>531480991Easy. Every weekend on a Monday he says he is very close to a peace agreement, the sell algorithms kick in. This destroys anyone who went long on oil on Friday or Sunday. Rinse and repeat. He’s fucki no retailers but institutions can handle his shit just fine
why should i care about neets again
>>531480991We have oil wells in our backyards retard, what you don't?
>>531480991Probably by deleting fed debt.
>>531481393Uten oss er du ingenting.
>>531480991they literally said howthey removed oil sanctions on Russia and Iran
>>531480991Youre half right, the political ceiling isnt the gas prices, its the 10 year yield. Its what caused Trump to back off of tariffs, ICE, and now Iran. Let me put this straight. The ten year yield dictates presidential policy now.
>>531481943>https://www.cnbc.com/quotes/US10YI hope they skyrocket once the boomers realise the orange nigger is not to be trusted at all
>How are they doing this, practically?They use the commodities futures exchange. Let's say there are only ten apples in the world, but I sell ten million contracts for apples to be delivered at a future time. See the problem?
100..... rejected Better luck next time, Mumu!
>>531480991seems like, yes>How are they doing this, practically?printing money, selling futures short, it's not hard
>>531482523another option is the indirect method. they strike some deals with big wall street banks or funds to sell oil short in exchange for x y z, etc.
>>531480991Some fuckery going on
>>531482604this is probably more likely, that way the feds can say "it wasn't us"
>>531481106fbpb
>>531481815that was prior to friday close. iran then said they have no ships on the water with crude. then trump threatened to blow up power plants and iran said they'd retaliate by blowing up everything. then futures opened DOWN on sunday night. As if none of those things happened.Then monday morning rolls around and oil tanks when it should have gapped up on all that shitty news. but trump says theres a deal now on the way, iran denies, and oil is still down 8%. its all manipulated. Physical deliverable oil contracts are up near 170. oman oil is up 6% today. its a joke.
>>531480991>but surely that would leak out into the press?How quickly though? How long did it take us to get anything out of 9/11?
>>531480991If oil goes above $100 demand slightly drops, supply increases slightly, prices lower slightly. This way they can charge only an arm and half a leg, make insane profits without having to crank up the refineries to max pressure. Refineries have maintenance cycles that must be accounted for and can't respond quickly to changes in demand without sacrificing future losses due to down time for a catalytic cracker cleaning.
>>531481220>>531481373>>531482132>>531482604These will only ever hold up as long as there is a chance the strait will open with no major infrastructure damage to the region.Once reserves start running out with strait closed or refineries go up in flames, probably both, you're going to see a short squeeze as the contracts can't be fulfilled. See: SLV a couple weeks ago.
>>531482959Isn't there already major infrastructure damage? Like Qatar? Seems like this boat sailed already.
>>531482959and gas station pumps all of a suddenly not working
>>531482616Imagine being one of the goys who died just for this.
>>531480991>how are they doing this practicallyStudy world war 1Imperial oilAnd the proposed turkish ottoman pipeline to germony that mr.imperial oil said get fucked to>cause thats really why we went to warYoure welcome
>>531482959The US taxpayer being on the wrong end of short squeeze of this magnitude could legitimately bring the whole thing down. It depends on paper oil finally having to rectify with real oil, not sure how long that may take.
>>531480991Bonds matter more than oil prices
>>531480991They sell oil from the strategic reserves. Duh.
>>531481106>>531482732>I don't actually understand how prices work
>>531484249Spot price for oil is around 150.
>>531481611Like any third worlder you’ll watch in poverty while your nations natural resources are shipped off
>>531480991>How are they doing this, practically?Subsidies and strategic reserves.
>>531480991these are great for news
