The rapidly climbing price of oil is likely to be highly disruptive to the global economy, as will the crisis in the supply of gas (especially in the UK when the energy market is priced on the basis of gas supply).
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The rapidly climbing price of oil is likely to be highly disruptive to the global economy, as will the crisis in the supply of gas (especially in the UK when the energy market is priced on the basis of gas supply).
One underlying Q. is: how many people in the Court of Tangerine Tyrant bought oil futures a month or so ago & are now sitting on massive gains.
If so, this might shine a slightly different light on the US decision to attack Iran in consort with the Israelis?
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R relay@relay.an.exchange shared this topic
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The rapidly climbing price of oil is likely to be highly disruptive to the global economy, as will the crisis in the supply of gas (especially in the UK when the energy market is priced on the basis of gas supply).
One underlying Q. is: how many people in the Court of Tangerine Tyrant bought oil futures a month or so ago & are now sitting on massive gains.
If so, this might shine a slightly different light on the US decision to attack Iran in consort with the Israelis?
@ChrisMayLA6 this is most likely the case. however, this war will have impact on the energy markets for months (years?) before it come back to sort of normal level. #gulf counties have about 1 week left (according to JP Morgan analysts) of storage capacity before they shut down production. #Kuwait (one of significant producers) of #jet fuel already reduced production. #Qatar (one of largest #LNG producers) stopped production completely. short term gains for long term loses on all fronts.
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The rapidly climbing price of oil is likely to be highly disruptive to the global economy, as will the crisis in the supply of gas (especially in the UK when the energy market is priced on the basis of gas supply).
One underlying Q. is: how many people in the Court of Tangerine Tyrant bought oil futures a month or so ago & are now sitting on massive gains.
If so, this might shine a slightly different light on the US decision to attack Iran in consort with the Israelis?
@ChrisMayLA6 Barron Trump bought vast amounts of crude. The trump crime syndicate bought a million shares in Chevron.
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@ChrisMayLA6 this is most likely the case. however, this war will have impact on the energy markets for months (years?) before it come back to sort of normal level. #gulf counties have about 1 week left (according to JP Morgan analysts) of storage capacity before they shut down production. #Kuwait (one of significant producers) of #jet fuel already reduced production. #Qatar (one of largest #LNG producers) stopped production completely. short term gains for long term loses on all fronts.
Yes, I'd concur with that
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R relay@relay.infosec.exchange shared this topic
