Quick on the draw with this one OP, seeing as Oil was $65 on Sept 10 already.
The good thing about oil is it tends to shrug off market manipulation more than the equity markets. “Oh there’s a hurricane shutting down refineries? Don’t mind me, I’ll just blast up 8% in 48 hours, because F your intended direction, that’s why.”
Accomplished_Dot9815 on
What makes you say that they dropped because of expectations of a recession? Did all the oil companies have a press conference and say that? Or are you just speculating? Typical WSB shit
Funny way of saying oil is dropping because China can’t hide their economy collapsing anymore.
ejohns19 on
ELI1?
elpresidentedeljunta on
Actually at this point oil does, what the FED has failed to do. It helps reducing the costs of doing business and thus supports the econmy right when it slows.
Left_Experience_9857 on
brazilian butt lift?
Learningcurvve on
The nuttz have dropped below my knees on expectations of old age
Soft landing narrative seems more likely each day.
Esepcially after CPI, PPI and jobs show the economy is fine. Even being a little hot is good, shows economy isn’t falling off a cliff.
ForsakenRacism on
Even tho everyone lies about it Biden drilled record oil 🤣🤣🤣
DogwoodTreeAndFlower on
Because WINTER IS COMING!
Pitiful_Difficulty_3 on
All I hear is the printer is on
uhhhgu on
When is oil going back up Is xom going to bullish tmr?
bswizzle2552 on
With all the cheap money in the economy oil should be $90 a barrel, if there’s a recession like 2008 oil is going to $200 a barrel easy
Buy XOM and BP and hold
EmergencyMelodic1052 on
How recession when markets about to hit ath again?.
SANTAisGOD on
Oil/gas is the a great indicator for inflation I see this as inflation cooling. Interest rates decreasing etc.
darkrood on
Rainbow 🌈 power Back
ohmygorn on
Already priced in
ChiggaOG on
Global recession these nuts. I got money to burn on this sale. I’m buying when the markets turn red.
milandina_dogfort on
Wait you have a bloomberg terminal?
HIVnotAdeathSentence on
Global demand is down, this is after OPEC cut production which is supposed to last through 2025.
notyourregularninja on
As a small retailer I can say that import % from China has reduced in my industry by almost 20% (apparel, small goods, accessories etc.). Which also means that they have become proportionately irrelevant
ilikebunnies1 on
We better fucking bleed red tmo
kalakesri on
Remember when oil went negative  those were the good times
shrimpgangsta on
I read that as <70 brazilian butt lifts
deebo_dasmybikepunk on
Or due to the election?
Kooky_Lime1793 on
I was gonna add OXY shares to my IRA account tomorrow, are you say I should wait for sub $50 price?Â
surmoiFire on
gas price in the pump wont drop, utility price wont drop, only the tanker stocks drop
skankhunt1983 on
Why the fuck am I paying 6$ a gallon in comifornia when I can buy a whole brl for 70$?
35 Comments
spy 550 tomorrow? 
Where can someone get a $70 Brazilian Butt Lift?
Drill baby drill.
Apparently there was a recession in 2021.
Quick on the draw with this one OP, seeing as Oil was $65 on Sept 10 already.
The good thing about oil is it tends to shrug off market manipulation more than the equity markets. “Oh there’s a hurricane shutting down refineries? Don’t mind me, I’ll just blast up 8% in 48 hours, because F your intended direction, that’s why.”
What makes you say that they dropped because of expectations of a recession? Did all the oil companies have a press conference and say that? Or are you just speculating? Typical WSB shit
How to get oil back up
https://preview.redd.it/h039iqgbshod1.png?width=1033&format=png&auto=webp&s=353a536e633d4d563c3d9ab10e568ea6d541dfa8
Funny way of saying oil is dropping because China can’t hide their economy collapsing anymore.
ELI1?
Actually at this point oil does, what the FED has failed to do. It helps reducing the costs of doing business and thus supports the econmy right when it slows.
brazilian butt lift?
The nuttz have dropped below my knees on expectations of old age
70 what now?
https://preview.redd.it/gc1ooceuuhod1.jpeg?width=500&format=pjpg&auto=webp&s=c378f4096a06cad6c4c6dc773adc60952d5e409c
Good for inflation numbers for every country.
Soft landing narrative seems more likely each day.
Esepcially after CPI, PPI and jobs show the economy is fine. Even being a little hot is good, shows economy isn’t falling off a cliff.
Even tho everyone lies about it Biden drilled record oil 🤣🤣🤣
Because WINTER IS COMING!
All I hear is the printer is on
When is oil going back up Is xom going to bullish tmr?
With all the cheap money in the economy oil should be $90 a barrel, if there’s a recession like 2008 oil is going to $200 a barrel easy
Buy XOM and BP and hold
How recession when markets about to hit ath again?.
Oil/gas is the a great indicator for inflation I see this as inflation cooling. Interest rates decreasing etc.
Rainbow 🌈 power Back
Already priced in
Global recession these nuts. I got money to burn on this sale. I’m buying when the markets turn red.
Wait you have a bloomberg terminal?
Global demand is down, this is after OPEC cut production which is supposed to last through 2025.
As a small retailer I can say that import % from China has reduced in my industry by almost 20% (apparel, small goods, accessories etc.). Which also means that they have become proportionately irrelevant
We better fucking bleed red tmo
Remember when oil went negative  those were the good times
I read that as <70 brazilian butt lifts
Or due to the election?
I was gonna add OXY shares to my IRA account tomorrow, are you say I should wait for sub $50 price?Â
gas price in the pump wont drop, utility price wont drop, only the tanker stocks drop
Why the fuck am I paying 6$ a gallon in comifornia when I can buy a whole brl for 70$?
Oil got that bbl? 
Then why am I paying $4.59 per gallon still?!