[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 52 KB, 700x737, oil.png [View same] [iqdb] [saucenao] [google]
18169942 No.18169942 [Reply] [Original]

OHNONONONO

>> No.18169977

oil derrick go blblblblblblblbl

>> No.18170227

>>18169942
priced in, bullish

>> No.18170452
File: 52 KB, 310x182, oil.png [View same] [iqdb] [saucenao] [google]
18170452

AAAAAAAAAAAAAa

>> No.18170487

>>18169942
Finally shitholes like Russia, Iran and Venezuela wont have oil money to fund terrorism.

>> No.18170515

>>18170487
Nobody give a fuck glownigger

>> No.18170532
File: 93 KB, 586x800, Pistol-Deagle-Ad.jpg [View same] [iqdb] [saucenao] [google]
18170532

>>18170487
baka that means the Saudi's will get all the Oil Money Chakra and might become Al-Qaeda on NFL Running Back Steroids

Think "Super Sand Niggers"


You don't wanna fuck with that shit, Anon.

Fuck Iran tho

>> No.18170552

>>18170487
I don't think you understand how any of this works

>> No.18170611

>>18170487
Russia is the only place where wages and standards of living are low enough to sell profitably at this point. This benefits the third world shitholes more than anybody else.

>> No.18170643

Yikesaroony. What's driving today's plunge?

>> No.18170656
File: 11 KB, 306x191, 10 oil.png [View same] [iqdb] [saucenao] [google]
18170656

IT'S OVER

>> No.18170672

>>18170643

reality?

>> No.18170707

So will shipping costs go down because of this or is everyone just going to jump on cheap oil as an opportunity to jew even harder on shipping costs?

>> No.18170717

>>18169977
Kek and checked

>> No.18170727

>>18170656
I'm going to start running my S9 miners on my gas generator

>> No.18170745

>>18169942
How is this a bad thing? Cheaper gas is good. I agree with Russia and Saudi Arabia, FUCK OPEC!

>> No.18170766

>tfw buying oil

>> No.18170789

>>18170672
Fair enough, 10% swings in shit are pretty common nowadays. I just wondered if Trump nationalized fracking companies or something.

>> No.18171074

>>18170611
Russia is not so filth in Moscow or ST P, but yes, this guy has the point. This only hurts the countries that depends on gasoline producers. AKA USA

>> No.18171112

>>18170745
Based

>> No.18171133

>>18170766
You should when the TA looks good for a long. This is a perfect storm for low oil prices with both corona killing demand and the price war ongoing with Russia and the Saudis.

>> No.18171285

>>18170532
Made by Jews, no thanks.

>> No.18172552
File: 203 KB, 343x823, cling.png [View same] [iqdb] [saucenao] [google]
18172552

>>18169977
could someone make this into a meme like "money printer go brrrr"?

>> No.18172649

>>18170745
The reason it’s bad is that millions of workers in North America will lose their jobs because it isn’t cost effective to drill for it here. It needs to be 40+/barrel for America to drill for it instead of just import it.

>> No.18172657

>>18169942
What oil stonks are a guaranteed moon when this is over bros?

>> No.18172699

>>18170643
Global oil storage is going to run out soon, at which point they have to start shutting down infrastructure.

>> No.18172785
File: 51 KB, 553x319, 1585284513813.jpg [View same] [iqdb] [saucenao] [google]
18172785

>mfw I bought IXC in december
>mfw getting JUSTed again on monday

>> No.18172796

>>18169977
Nice dubs and nice meme

>> No.18172896

>>18170707
Unlikely you will see any decrease in shipping cost.

>> No.18172921

>>18170643
The last week and a half was about doing an oversold bounce of sorts fueled by potential for something good coming out of the G20 meeting. G20 produced zilch. Momentum on the bounce was lost. We go down to hell until the next thing.

>> No.18172940

>>18170487
Only at the price of bankrupting Canada and the US shale industry. You can buy a barrel of Canadian oil for about the same price we pay for a gallon of milk.

>> No.18172955

>>18172699
>run out soon
America could keep every tank and plane running for years on its stocks alone.

>> No.18172973

>>18172940
Order of bankruptcies is this goes on for another couple months with no daylight apparent from production cut deals or war: Canadian oil sands dies first, then shale, then most vulnerable smaller cap US conventional drilling.

>> No.18172982

>>18169942
NOOOOOOO NOT THE OILERINOOOS

>> No.18173093
File: 184 KB, 532x461, 1575858283295.png [View same] [iqdb] [saucenao] [google]
18173093

>> No.18173129

>>18172973
Good. The planet is fucked in the next 20 year if we don't seriously reduce pollution and emissions. We will be boiling ourselves alive by the 2050's otherwise.

Complete biosphere collapse will wipe out humanity. CoronaChan is here to help us. Embrace it.

>> No.18173173
File: 844 KB, 800x786, 1469198109520.gif [View same] [iqdb] [saucenao] [google]
18173173

>he "bought the dip" on oil companies

>> No.18173213
File: 77 KB, 1024x922, animusip2.jpg [View same] [iqdb] [saucenao] [google]
18173213

>>18173129
>he thinks green energy will be a thing when oil is worth less than water
hahahahahahahahahahahaha

>> No.18173281

TNP for oil storage

Uso $3.5 May puts

>> No.18173305

>>18173129
Lmfao

>He believes in global warming

>> No.18173500

about to pick up some UWT
fuck it

>> No.18173522

>>18173213
Most large scale renewable projects are primarily a means of backup power and energy independence.

Cheaper oil means they can be finished at significantly lower cost.

>> No.18173597

>>18173129
>>18173213
>>18173522

my dad works in writing software for renewable energy systems, if oil continues to drop is he fucked

>> No.18173618

>>18172955
You don't get it retard, it's the STORAGE that's running out, not the oil.

>> No.18173660
File: 228 KB, 620x827, Glow.jpg [View same] [iqdb] [saucenao] [google]
18173660

>>18170487

>> No.18173670

>>18173305
Lmfao they were saying this about the 2020s when I was a kid. This guy needs a pill haha