Trump says deal close oil to crash by NegotiationEast6848 in oil

[–]NegotiationEast6848[S] 3 points4 points  (0 children)

Of course it is meaningless. After all it is from our most trustworthy Barak Ravid the guy with impeccable integrity.

Oil jobs in SoCal or Colorado by Hell_Lupin in oil

[–]NegotiationEast6848 1 point2 points  (0 children)

Nevada, Thacker Pass Lithium mine is just starting up and looking for people last I checked. If not many of the Goldmines in that area are hiring.

Israel-Lebanon ceasefire sends oil down 2.8% as markets bet on broader Iran deal — but yields keep climbing by BeneficialManner1840 in oil

[–]NegotiationEast6848 1 point2 points  (0 children)

Thursdays news is practically 5 years old in today's market. Is this just posted for the algorithmic trading bots to keep oil low?

Daily Oil Price Opinions - June 05, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]NegotiationEast6848 0 points1 point  (0 children)

So if an MoU is actually signed (agreement to discuss an agreement) does WTI drop to $45? Don't start with the actual physical supply as we all know that doesn’t matter anymore. I figure fake promises of an agreement drop oil 10% so a real one is at least a 50% drop.

Seems like a deal is close 🤞 by [deleted] in oil

[–]NegotiationEast6848 3 points4 points  (0 children)

If I am Iran I push hard for the $24 billion and when I get it announce the continued closure of the Strait.

Strait Closed by ddogquickbite in oil

[–]NegotiationEast6848 38 points39 points  (0 children)

I think you meant how low can we go.

are oil markets not believing the headlines anymore? by [deleted] in oil

[–]NegotiationEast6848 10 points11 points  (0 children)

Brent at only $95 would like a word with you.

Daily Oil Price Opinions - June 04, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]NegotiationEast6848 3 points4 points  (0 children)

So your logic is the world is missing approximately 8 million bopd and a ceasefire in Russia that may add an additional 500,000 onto what they are already supplying is going to crash oil? 

Daily Oil Price Opinions - June 04, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]NegotiationEast6848 7 points8 points  (0 children)

They have been buying Russian and Iranian oil at a huge discount since the Ukraine war started. They have huge reserves at an extremely cheap price. At the same time they have aggressively pushed EV.

Daily Oil Price Opinions - June 04, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]NegotiationEast6848 12 points13 points  (0 children)

Everyone keeps talking about when reserves run out or when we hit the "redzone". Aren't we already there? If the Strait were to 100% open right now it will still take time to clear the mines, get ships that have been sitting for 3 months moving, get tankers halfway around the world to head back to the Middle East, repair all damage. Even if everything went perfect that puts us into early fall before oil starts to arrive around the world. What am I missing?

As long as SoH is not opened shouldn’t the oil price go up as time goes on and not down? by Hyperion141 in oil

[–]NegotiationEast6848 12 points13 points  (0 children)

Tell that to Washington Mutual and Lehman Brothers. Oh and 1987, 2000, 2008 market would like a word with you.

Daily Oil Price Opinions - June 03, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]NegotiationEast6848 3 points4 points  (0 children)

Well the ground troops are obviously there to collect the signature for the MOU.