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Started By
Message
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Posted on 10/8/23 at 9:18 pm to notiger1997
quote:
Go on…..
There is a long term inverse relationship between oil prices and the dollar....oil is sold in dollars worldwide, when the dollar is stronger oil is more expensive...demand decreases
Posted on 10/8/23 at 9:36 pm to Trevaylin
Putin Price Hike!
FJB and his alphabet integer Pedo squad
FJB and his alphabet integer Pedo squad
Posted on 10/8/23 at 9:49 pm to ragincajun03
Don’t mess with my crawfish
Posted on 10/8/23 at 11:22 pm to fightin tigers
quote:
What is your reasoning for this assumption? Even at $87 brent is trading lowe than it was a month ago. Friday no one was predicting low gas prices based on December deliveries.
It’s trading at $86.10 and that is actually 2% lower than it was just a week ago.
Unless this impacts Israel Saudi peace discussions, which should not happen, there will not be a major impact. Oil and gas prices will move lower (after this short spike) for the short term future.
Posted on 10/9/23 at 5:06 am to CatsGoneWild
quote:
This middle east war will drive prices up
Unless it panics oil traders, zero effect
Posted on 10/9/23 at 5:11 am to Trevaylin
Good thing I sold my car today.
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