Goverments are shorting futures. They are desperate to keep this ponzi scheme of an economy going. Not surprising. Also many are betting this ends soon. They can only surpress prices for so long — we’re a few weeks out before the shortages begin to hit. If no deal is completed by then, expect massive short squeezes.
Distinct_Theory2684 on
What does this mean for crude? Is it going to fall too?
OkWillingness6059 on
Why the sudden downward pattern?
The manipulation is insane
BunnySprinkles69 on
Japan said they are shorting the futures market jk
DrinkingVomit on
I thought this said turban oil at first 😂 gettin spendy in the ME
kneebroplz on
Could be related to production expectation from damage to refineries
6 Comments
Goverments are shorting futures. They are desperate to keep this ponzi scheme of an economy going. Not surprising. Also many are betting this ends soon. They can only surpress prices for so long — we’re a few weeks out before the shortages begin to hit. If no deal is completed by then, expect massive short squeezes.
What does this mean for crude? Is it going to fall too?
Why the sudden downward pattern?
The manipulation is insane
Japan said they are shorting the futures market jk
I thought this said turban oil at first 😂 gettin spendy in the ME
Could be related to production expectation from damage to refineries