Trump threaten entire civilisation, attacks Kharg again. And now oil prices ticking down? Make it make sense? Is everyone really that convinced on Taco Tuesday?
Trump threaten entire civilisation, attacks Kharg again. And now oil prices ticking down? Make it make sense? Is everyone really that convinced on Taco Tuesday?
byu/eternalbear1261 inoil
Posted by eternalbear1261
24 Comments
just a little market manipulation
Market is praying this is all just taco, and all pics are from cod or something. We hold I guess.
No one can fathom that Trump might actually push the button tonight
You’re looking at bets that by April 21st the war is over. By April 23 the contracts start being assigned and if the conflict is ongoing the traders that are not working for oil producing companies will lose their shirt. The in house traders for big oil are just using models to maximize sales price on a portion of the total production.
Seems like a TACO moment. This has been happening for a month now. He threatens something then next day backs off when him and his minions have made millions.
I’ve read that no B2’s have been seen taking off from Missouri (can’t end a civilization without B2 bombers) and it’s about a 15 hour flight to Iran so TACO Tuesday?
Nothing will happen
Presumably there is still enough supply in the market somehow that is keeping it from spiralling.
It will be another few weeks until things go really crazy. The prices are up significantly already as well – just not into catastrophic territory yet.
Think, what happens to the price of oil if the worlds economy collapses?
It’s definitely TACO Tuesday. Trump’s tweets reek of desperation.
Smells like TACO
When your solution is a final solution….
not sure where you are seeing it go down – it is still up for the day and higher than it has been in awhile. this is what i look at:
https://tradingeconomics.com/commodity/crude-oil
Guess so.
Going to go buy canned goods just in case.
Oil prices didn’t hit their 2022 apex until four months after Russia launched its invasion of Ukraine. We’re just over a month into this war. It is likely to get much, much worse before it gets better.
He thinks a 4000 year old society cares if he cuts off their power and internet. They will double down on attacking the refineries in the Gulf and shut down manufacturing Worldwide overnight. Just the loss of plastic production alone will cause huge damage to the economy.
The spike and drop this morning probably had more to do with the UN resolution to use force to open Hormuz. China and Russia vetoed it.
He can’t escalate tonight, he has too much to lose. Trump will suggest negotiations are going well and use that as an excuse to stand pat
It is just range trading right now. People are placing their bets and will either hold over night or sell before market close.
Hopefully someone knows a deal is in works
So take gas futures??
This is just market manipulation. If I have learned anything about oil in the last 2 months the oil that is real world is what matters the futures oil is just how people get rich
Can somebody check Signal for updates pls
Using the full force of our conventional arsenal would decimate the country like Israel has done to Gaza. Perhaps that is what he envisions. Just rubble.