Crude Oil Set To See Its Largest Weekly Loss Since July 2025 [View all]
The war in the ME is escalating in Lebanon
Ceasefire or not, Hormuz is still closed.
Saudi Oil Fields have been damaged significantly
OPEC+ output collapsed in March
Ukraine is still bombing/droning Russian oil infrastructure
Crude oil is below $100/barrel, if a Democrat were president it would be $200/barrel
For the people of DU who think this is a right wing talking point I need to explain this in detail so that you understand what I am saying. I am not knocking Democratic presidents, I am saying that the markets, all of them, protect Republican presidents and go after Democratic presidents. For the people here who can't understand what I am saying, then go after me again for saying it, but at least have the courtesy to telling me who you are who disagree with me.
Oil should be at least $200/barrel today with all that is going on in the ME, a fucking war is going on. 8 to 10 dollar a gallon gasoline and diesel would cripple Krasnov. The market is protecting him.
You bet I am still pissed.
https://www.msn.com/en-us/money/markets/oil-ignores-escalation-logs-biggest-weekly-drop-since-2025/ar-AA20B3Og?
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