General Discussion

gab13by13

(32,789 posts) Wed May 20, 2026, 11:52 AM 7 hrs ago

What's With Crude Oil Today

WTI and Brent both down 5%.

What did Krasnov say? Who shorted crude?

5 replies

= new reply since forum marked as read

Highlight:

What's With Crude Oil Today (Original Post) gab13by13 7 hrs ago OP

Oil Prices and News Oil prices fall 5% after Trump comments while analysts point to supply crunch nitpicked 7 hrs ago #1

Don't know where you are, but in Jax FL premium is $5.29 and regular $4.59. lark 6 hrs ago #2

Weekly Trump promise of a deal Johonny 6 hrs ago #3

When the market stops rising to MFer's weak-sauce bait every day maxsolomon 5 hrs ago #4

Three days of selling fujiyamasan 4 hrs ago #5

nitpicked

(1,971 posts)

1. Oil Prices and News Oil prices fall 5% after Trump comments while analysts point to supply crunch

Reply to gab13by13 (Original post)

Wed May 20, 2026, 12:02 PM

7 hrs ago

https://www.cnbc.com/2026/05/20/oil-falls-after-trump-says-us-will-end-iran-war-very-quickly.html

Oil prices lost about 5% on Wednesday after U.S. President Donald Trump again asserted that the Iran war will ‌end “very quickly”, though investors remain wary about the outcome of peace talks as disruption to Middle Eastern supply continues.
(snip)

lark

(26,115 posts)

2. Don't know where you are, but in Jax FL premium is $5.29 and regular $4.59.

Reply to gab13by13 (Original post)

Wed May 20, 2026, 01:04 PM

6 hrs ago

Yesterday regular was $4.29. No decline here.

Johonny

(26,618 posts)

3. Weekly Trump promise of a deal

Reply to gab13by13 (Original post)

Wed May 20, 2026, 01:25 PM

6 hrs ago

It seems to be a weekly event. There is no reason to believe it's true and no another pipedream Trump statement.

But that's why.

maxsolomon

(39,138 posts)

4. When the market stops rising to MFer's weak-sauce bait every day

Reply to gab13by13 (Original post)

Wed May 20, 2026, 01:49 PM

5 hrs ago

We'll see sustained climbs and no dips.

fujiyamasan

(2,041 posts)

5. Three days of selling

Reply to gab13by13 (Original post)

Wed May 20, 2026, 02:36 PM

4 hrs ago

Markets started worrying about those rising yields.

Gotta pump it somehow. Of course, if you’re an insider you profit both ways!

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