Jul. 30 at 10:35 AM
$REI tell me how in 2022 WTI was
$130 a barrel and stayed over
$100 the whole spring when Russia invaded Ukraine. The reasoning was the sanctions put on Russia from the invasion. Now we have the Straight of Hormuz closed, Russian oil facilities being destroyed on their own soil and in the Black Sea, oil from Saudi Arabia in the Bab-el Mandeb strait , oil, production, and manufacturing facilities across the Middle East being set back months from being full production and yet oil is not going any higher than
$90???? Tell me there’s manipulation without saying there’s manipulation!
$WTI $APA $XOM $GDX