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Why oil always crashes down after it goes above $100 per barrel
sgbuffett

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#7

10-03-2022, 11:09 AM
(10-03-2022, 06:51 AM)singlon Wrote:  why now unlimited on the upside?

Unlimited ? It is sinking.

Oil and gas may be a bit differentiated.

Oil can be moved anywhere.

At 100 all produces are pumping like crazy.l at this great price.

Russia needs money. If it gets banned by Western countries or if it refuses to sell to western countries ...it has to sell to China. China can enjoy cheaper Russian oil.

Those selling to China now pushed out by Russia has tk flood to rest of the world.

Oil above 100 has always been temporary and will just crash down.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(This post was last modified: 10-03-2022, 11:09 AM by sgbuffett.)
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Messages In This Thread
Why oil always crashes down after it goes above $100 per barrel - by sgbuffett - 09-03-2022, 11:51 PM
RE: Why oil always crashes down after it goes above $100 per barrel - by sgbuffett - 10-03-2022, 04:31 AM
RE: Why oil always crashes down after it goes above $100 per barrel - by p1acebo - 10-03-2022, 06:46 AM
RE: Why oil always crashes down after it goes above $100 per barrel - by p1acebo - 10-03-2022, 06:47 AM
RE: Why oil always crashes down after it goes above $100 per barrel - by sgbuffett - 10-03-2022, 06:50 AM
RE: Why oil always crashes down after it goes above $100 per barrel - by singlon - 10-03-2022, 06:51 AM
RE: Why oil always crashes down after it goes above $100 per barrel - by sgbuffett - 10-03-2022, 11:09 AM

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