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re: Oil prices are surging?

Posted on 6/22/25 at 12:15 pm to
Posted by Pragmatist2025
Member since Jun 2025
572 posts
Posted on 6/22/25 at 12:15 pm to
quote:

Russia sided with Iran.
They may align with Iran geopolitically but Russia is sitting this one out. China too. Saudi Arabia is condemning the U.S. strikes but that is about as far as their support is going to go. It is almost like nations do not really like Iran.
Posted by SlidellCajun
Slidell la
Member since May 2019
16111 posts
Posted on 6/22/25 at 12:17 pm to
Strait of Hormuz is a route used to ship oil out of Iran and I would expect that they will hinder that route somehow
Posted by PaulDrake
L.A. & Bayou Pa Pon
Member since Feb 2023
660 posts
Posted on 6/22/25 at 12:36 pm to
And The Tel-Aviv Stock Exchange Ltd. (TASE.TA) closed out this morning about 7:49 am CT up 7.54%.

The TA-35 was up 1.53%.


LINK
LINK

This post was edited on 6/22/25 at 12:46 pm
Posted by Texas Flagship
Member since Aug 2021
227 posts
Posted on 6/22/25 at 12:45 pm to
quote:

This time next year oil will be cheaper and Iraq will be an after thought

- Neocons in Spring of 2003
Posted by cajuntiger1010
Member since Jan 2015
13942 posts
Posted on 6/22/25 at 12:47 pm to
quote:

Neocons in Spring of 2003


Where’s the neocons?
Posted by Errerrerrwere
Member since Aug 2015
44005 posts
Posted on 6/22/25 at 12:49 pm to
quote:

Strait of Hormuz is a route used to ship oil out of Iran and I would expect that they will hinder that route somehow


Great with their output any hindrance of the SOH won’t affect the world market much, Panican.
Posted by highcotton2
Alabama
Member since Feb 2010
10379 posts
Posted on 6/22/25 at 12:52 pm to
Last Thursday off-road diesel was $2.36 this past Friday it was $2.71
Posted by Errerrerrwere
Member since Aug 2015
44005 posts
Posted on 6/22/25 at 12:52 pm to
Summer blends baw. Quit panicking.
Posted by MikkUGA
Destin
Member since Jun 2014
2261 posts
Posted on 6/22/25 at 12:54 pm to
You will get an idea when futures open a 5 pm cst this evening.
Posted by Red Stick Rambler
https://i.imgur.com/2j5cbGm.jpg
Member since Jun 2011
2282 posts
Posted on 6/22/25 at 1:03 pm to
Not so much

Oilprice.com
Posted by JacieNY
Member since Jul 2024
1922 posts
Posted on 6/22/25 at 1:17 pm to
So our foreign policy needs to be a slave to cheap oil?

It has pretty much been for the last 75 years, haven't you read anything by Peter Schweizer?
Posted by bigjoe1
Member since Jan 2024
1518 posts
Posted on 6/22/25 at 1:20 pm to
Those prices are a day old, Spot won't start trading until 5. Hearing early calls of $3 to $5 higher. If no more news than we have right now I doubt it'll be that high.
Posted by Red Stick Rambler
https://i.imgur.com/2j5cbGm.jpg
Member since Jun 2011
2282 posts
Posted on 6/23/25 at 8:03 am to
Oil prices down 0.2%

Oilprice.com
This post was edited on 6/23/25 at 8:05 am
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