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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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>> No.52993859 [View]
File: 88 KB, 700x388, https___d6c748xw2pzm8.cloudfront.net_prod_28371290-a092-11ec-83ff-11c7f12c6767-standard.jpg [View same] [iqdb] [saucenao] [google]
52993859

>>52993847
Pic of the pipeline fueling everything here... Easing demand.

>> No.52985814 [View]
File: 88 KB, 700x388, https___d6c748xw2pzm8.cloudfront.net_prod_28371290-a092-11ec-83ff-11c7f12c6767-standard.jpg [View same] [iqdb] [saucenao] [google]
52985814

>>52985152
Yeah, i talked about this earlier today but heres what happened.

1.US stopped Dumping the SPR and now are buying and attempting to refill it before January (OPEC+) meeting.

2.vanguard and Bank of America stopped supporting ESG and wanna be oil lords again.

3. Russia refuses to sell any and I mean any oil for 60$ a barrel and gave the sanctions the middle finger.

4. Both germany and poland opened up orders for russian OIL through the Druzba pipeline. The only one which is allows to skip past sanctions and are paying the big bucks for it.

5. China is reopening.

So there is buying pressure on Oil... Meanwhile Jim Cramer says sell it.

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