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/pol/ - Politically Incorrect


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That’s the cheapest oil you can get! Are you ready for prices to fucking DOUBLE?? What happens in your shithole country when people can’t afford food and gas (politically speaking)? Is we gettin’ a economic collapse ‘n sheit? Is we getting’…. STIMILIS CHECKS????
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>futures
Just look at spot to see the actual price you retard
>>
>>534035724
the actual spot is 150, the manipulated paper markets don't reflect how much a barrel costs if you actually went and tried to buy one
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>>534035665
>your
Show real flag, jam boy.
>>
>>534035916
just call them what they are, jeets. covering shit in jam doesnt make them delectable.
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>>534035665
We get our oil from Nigeria and Venezuela (both whiter than the US btw), so no money for you kikes
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>>534035665
TIRED OF WINNING! MAGA!

>>534035724
LOL!
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>>534035665
>international
it intermediate you fucking retard, it refers to the apq gravity of the crude
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>>534035823
>if you actually went and tried to buy one
But that's not a thing. You don't buy oil like you buy breakfast cereal (in fact you can't buy a "barrel" of oil, a barrel is just a unit, and typically the minimum delivery is something like 10,000 barrels).
All commodities are traded through futures markets.
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>>534035823
all major oil companies contract enough of their future production to cover expenses, they contract it out for up to a year and some companies contract all their production out. very little oil produced today is receiving spot unless the companies have excericised the force manjuer clause. spot price does not include transportation costs.
t. oil and gas chad



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