I mean, if anyone has paid attention the last week, they would have realized what he said on monday was a complete lie.
Extension or not, oil supply is still constrained, things have not de-escalated. Israel hitting Iran and Lebanon. Iran hitting any country nearby with US bases. UAE suddenly realizes they don’t want a volatile neighbor to have so much control… yeah…
Ceasefire or not, peace will be hard and rebuilding destroyed infrastructure under the constant threat of another escalation is not on any oil companies list of things to do.
breadedshrimps on
I think the yen crossing 160 is more likely the cause of volatility today.
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Trump should be removed from the office
I mean, if anyone has paid attention the last week, they would have realized what he said on monday was a complete lie.
Extension or not, oil supply is still constrained, things have not de-escalated. Israel hitting Iran and Lebanon. Iran hitting any country nearby with US bases. UAE suddenly realizes they don’t want a volatile neighbor to have so much control… yeah…
Ceasefire or not, peace will be hard and rebuilding destroyed infrastructure under the constant threat of another escalation is not on any oil companies list of things to do.
I think the yen crossing 160 is more likely the cause of volatility today.