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Fiendish Thingy

(23,838 posts)

16. Of course, you mean crude oil *futures*

Reply to gab13by13 (Original post)

Wed May 6, 2026, 10:06 AM

5 hrs ago

Which makes sense, given the rumours of cessation of hostilities and reopening of Hormuz.

If it happens, expect futures to plummet, and if it doesn’t, expect the ongoing roller coaster.

While there has definitely been an element of manipulation/insider trading in this war, much of it is attributable to the mercurial incompetence of one man.

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Highlight:

Crude Oil Is Down 9% Today [View all] gab13by13 7 hrs ago OP

Old men and oil companies Delarage 7 hrs ago #1

Energy independence would be nice, but the US is tied into the global market. Omnipresent 7 hrs ago #4

There's No Conspiracy ProfessorGAC 7 hrs ago #2

It was more rational when OPEC controlled the price, gab13by13 6 hrs ago #8

Can't Agree ProfessorGAC 5 hrs ago #13

Japan SamuelTheThird 5 hrs ago #15

Well strike up the freakin' band and have a parade. twodogsbarking 7 hrs ago #3

Bust the Trust. multigraincracker 6 hrs ago #5

Trump is pretending we have a deal again Johnny2X2X 6 hrs ago #6

It's also possible the price went down (now on its way back up) because they think The Rapist will have to stop muriel_volestrangler 6 hrs ago #7

These stupid bastards are still under the delusion that Stinky is going to pull us out of this mess. Ray Bruns 6 hrs ago #9

I doubt that anybody with $10 in their wallet takes Trump's pronouncements on Iran seriously at this point. hay rick 6 hrs ago #10

But hey! My 401K will go up a lot today! Happy Hoosier 6 hrs ago #11

Iran lives, Islam lives. MAGAs will be crestfallen. Now, back to the Epstein files! RedWhiteBlueIsRacist 5 hrs ago #12

And he threatened to "hit harder" today and it is rising right back up again (as I posted in another thread) BumRushDaShow 5 hrs ago #14

Of course, you mean crude oil *futures* Fiendish Thingy 5 hrs ago #16

Meanwhile, AAA reports of national pump price averages have trended upwards day by day nitpicked 1 hr ago #17

Any interesting massive trades... returnee 37 min ago #18

Did your gas pump price drop 9% ? republianmushroom 19 min ago #19