>>533344034Buy the dip niggers
>>533344034YA NICE FUCKING OIL GLUT, ORANGE FUCKING HITLER!!!!1!!!!!!!!
>>533344034>OIL IS GOING STRAIGHT TO TWO HUNDREAAAAACK AnonymousWhile possible, not probable. The world is priced correctly on oil 2 months ago, anything else will upset global economy to doom. We can't fix what TRump did.
>>533344034I hope you bought
>>533344034How do these prices even work? The straight is double closed now, anglo sphere ships can"t pass at all and those that pay Iran get intercepted by the US.The oil market is a scam and this proves it, prices are literally made up by some douchebags, some rich families are slurping before the next pump and dump.
>>533344034
>>533344034kekaroo oil baggies
>>533346303WTI- about $84Brent- about $89Oman- about $90Murban- about $89Honestly about what I would expect. You pump crude out of the ground it is not all the same and it comes from different places and price is measured with different indexes. Blocking the strait doesn't block American crude etc. Anyways, at the height of the disruption Oman was significantly higher than WTI as expected. The other thing is that freight prices went up. Why would freight prices for ME crude affect what people pay for North American crude?
>>533344034And yet, gas-prices are still at €2,20 / l Diesel hereIt feels like they want the people to topple them and line them up at this point
>>533344034physical oil is being bought for 150 dollars or more a barrel, retard, back to /smg/ spamming /ptg/tranny
>>533346641kekaroo you're getting drafted
>>533347237shut the fuck up oil baggot LMAO
>>533347133Just to clarify, in a global oil shock caused by ME crude getting shut down you should expect ALL crude to increase in price. But you should expect Oman/Murban to increase alot more. Which is basically what happened. Then you have other things impacting the price like freight prices (only affects ME crude and people who depend on it, aka not the US or Russia). Then you consider arbitrage in Asia etc etc. And you end up with how this has played out. The only thing that has suprised me at all is that Oman/Murban has come back down fairly fast. I can only assume this is a result of arbitrage and shifting the price to freight etc.
>dozens of U.S. soldiers dead>hundreds of millions of dollars of equipment lost>good will of close allies dragged in the mud>$20 billion (with tip) paid to an even more radical regime who are still chanting "Death to America"Art of the Deal™
>>533344034Still up 40% to 50% from six months ago. Dont worry you still cant afford shit. Thank daddy for his punches. Drink daddy's pee. You won tranny!
