#oilprice

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_Discussions_, apparently. Or a global recession play. Don't know. Or Asian markets locking in as much supply as they can and getting done making certain guarantees. Persian Gulf goes lots of places b
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@moira@mastodon.murkworks.net · Mar 09, 2026
Marketwatch this morning report that overnight's reversal - a stunning leap in oil prices followed by a dramatic drop to merely a significant rise in oil prices - was in fact triggered by reminders of strategic oil reserves held across the G7, which led immediately to talk of _releases_ of oil by those reserves, even though none have been announced. And that stemmed the panic. For context, check earlier in this thread, or for more context, here's a five-day chart. Actual price in oil hit just short of $120/barrel at $119.48 before people got some talking to. #economics #economy #oil #OilPrice
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@moira@mastodon.murkworks.net · Mar 09, 2026
_Discussions_, apparently. Or a global recession play. Don't know. Or Asian markets locking in as much supply as they can and getting done making certain guarantees. Persian Gulf goes lots of places but a _lot_ of it goes to eastern Asia. I'm looking for news to trigger this reversal but not seeing it. #economics #economy #oil #OilPrice
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@moira@mastodon.murkworks.net · Mar 09, 2026
@david@fouroclockfarms.club It's been bouncing off $116 for a while, either somebody (possibly private) with storage is taking profits or somebody (probably governmental) with storage is buffering the rise. #economics #oil #OilPrice #economy
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meanwhile, yikes these are not futures, this is live trading #markets #oil #OilPrice #fascism #us #UnitedStates #iran #war #CascadiaNow
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Y'know, people were talking about $125 a barrel within a week, I wasn't ruling it out but I didn't think we'd be queueing up for it on Monday morning #economics #oil #OilPrice #economy #FuckTrump #war
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A sane US president would be talking about strategic reserve releases _tonight_. But if Shitstain were sane, and if the Republican Party was sane, we wouldn't fucking be here, now would we? #economics
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@moira@mastodon.murkworks.net · Mar 09, 2026
Asia having "fun" Monday morning - Nikki down almost 7%, Asia Dow overall down 5.7%, everything's an adventure now #economics #oil #OilPrice #StockPrice #AsiaDow #nikkei
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meanwhile, yikes these are not futures, this is live trading #markets #oil #OilPrice #fascism #us #UnitedStates #iran #war #CascadiaNow
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Y'know, people were talking about $125 a barrel within a week, I wasn't ruling it out but I didn't think we'd be queueing up for it on Monday morning #economics #oil #OilPrice #economy #FuckTrump #war
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@moira@mastodon.murkworks.net · Mar 09, 2026
A sane US president would be talking about strategic reserve releases _tonight_. But if Shitstain were sane, and if the Republican Party was sane, we wouldn't fucking be here, now would we? #economics #oil #OilPrice #us #UnitedStates #war #iran #fascism #FuckTheGOP #FuckRepublicans #FuckMaga #FuckTrump #CascadiaNow
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meanwhile, yikes these are not futures, this is live trading #markets #oil #OilPrice #fascism #us #UnitedStates #iran #war #CascadiaNow
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@moira@mastodon.murkworks.net · Mar 09, 2026
Y'know, people were talking about $125 a barrel within a week, I wasn't ruling it out but I didn't think we'd be queueing up for it on Monday morning #economics #oil #OilPrice #economy #FuckTrump #war #iran #unitedStates #us #CascadiaNow
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@moira@mastodon.murkworks.net · Mar 09, 2026
meanwhile, yikes these are not futures, this is live trading #markets #oil #OilPrice #fascism #us #UnitedStates #iran #war #CascadiaNow
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@moira@mastodon.murkworks.net · Mar 06, 2026
@attoparsec@clacks.link It's also more money in Russia's coffers and I have not failed to notice that. #oil #fascism #iran #war #UnitedStates #us #russia #OilPrice
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@moira@mastodon.murkworks.net · Mar 06, 2026
ho ho hoooooooooly shit (oil had been floating around $65/barrel before shitstain launched the war) #war #iran #UnitedStates #us #fascism #FuckingFool #FuckTrump #FuckMAGA #oil #OilPrice
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