CNBC’s Pippa Stevens details the reasons behind the ongoing drop in oil prices. She points out that looming recession fear is sparking concerns about an overall slowdown in demand.
that's why russia cut nord stream coz they so the decline of oil price. they just want the everyone to suffer that sadistic putin is the source of all our sufferings, putin, xi and kim! the satanic trinity!
commodities in general are coming down, inflations peaked.. we will see this tomorrow. High inflation periods > commodities go up, and inverse respectively.
Biden will need to bring back Trump's COVID ships but instead it'll be to house the middle class who will be homeless by next year. Amazing what he did in 2 years
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It’s clear the economy is slowing so demand for oil is drying up
I think it bounces back to 100
the only reason for the oil crash is the liquidation of the speculators
Euro drops under US $ Fed involving possible
War currency between BRICK nation’s and US $.India pays Russia for oil and gas in China Yuan not US $
OIL GOING UP.
Putin want depopulation in Russia makes places for China population in Russia and Europe
that's why russia cut nord stream coz they so the decline of oil price. they just want the everyone to suffer that sadistic putin is the source of all our sufferings, putin, xi and kim! the satanic trinity!
I wonder if all of those Biden gas stickers are going to get peeled off by angry MAGA hats?
Just shows "investors" screw us on commodity prices. Commodities should only be bought by users of the commodity
Republicans aren't going to like this news… lower gas prices won't fit their narrative
Strong Dollar
How far out do oil contracts get bought? Is a drop in the price of oil for orders that will be delivered months or years in advance?
Putin Price Cut
commodities in general are coming down, inflations peaked.. we will see this tomorrow. High inflation periods > commodities go up, and inverse respectively.
Demand Destruction. That's what happens when you price your customers out of your own product. The oil industry did this to themselves.
it will sky rocket again soon just wait and see
Biden will need to bring back Trump's COVID ships but instead it'll be to house the middle class who will be homeless by next year. Amazing what he did in 2 years