Diesel, petrol, oil price watch

Started by Dire Ear, March 08, 2022, 10:00:40 AM

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bennydorano

From Trading Economics site today

Crude oil fell below $89 per barrel on Wednesday, extending losses from the previous session as signs of improving energy flows from the Middle East and another major release of emergency reserves in the US helped ease supply concerns. Analysts noted that the 10-day average of crude exports from the Middle East has recovered to 17.5 million barrels per day, equivalent to 98% of pre-war levels. This comes as Saudi Arabia resumed crude exports through its East-West pipeline at around half of its capacity, while a steady flow of oil via covert shipping continues through the Strait of Hormuz. In the US, the government plans to release up to 40 million barrels from the SPR as the country deals with soaring fuel prices. Industry data also indicated that US crude inventories increased by 1 million barrels last week. Still, the US oil benchmark remains on track for both a monthly and quarterly gain due to the prolonged US-Iran conflict and ongoing supply disruptions.

RadioGAAGAA

If it does drop a decent bit over next few weeks, would advise people to get their tanks filled.

Risk is if orangeman does survive the mid-terms with control of both houses, then it could get even more volatile in the middle east and prices rocket again.

(not that he'd care as he would continue to game the stock market)
i usse an speelchekor

Armagh18

Quote from: RadioGAAGAA on September 30, 2026, 10:35:46 AMIf it does drop a decent bit over next few weeks, would advise people to get their tanks filled.

Risk is if orangeman does survive the mid-terms with control of both houses, then it could get even more volatile in the middle east and prices rocket again.

(not that he'd care as he would continue to game the stock market)
Surely he can't get over the midterms?

Either way will it really matter, p***k will still do what he likes

RadioGAAGAA

Quote from: Armagh18 on September 30, 2026, 10:56:40 AMSurely he can't get over the midterms?

Either way will it really matter, p***k will still do what he likes

I'd have thought he is fuked at the mid-terms... surely in any rationale world he's gone.


But then benny's piece states the US are releasing oil from strategic reserves to lower the pump prices.

Would you put it past him to release a bucket load a week or two before midterms to push the prices down and claim he is "winning the economy"? and the dumbfuks then vote for him?



If he lost both houses, you'd have thought they can pull funding from any military adventures. No money = no missiles to fire.
i usse an speelchekor

AustinPowers

Quote from: RadioGAAGAA on September 30, 2026, 11:26:45 AM
Quote from: Armagh18 on September 30, 2026, 10:56:40 AMSurely he can't get over the midterms?

Either way will it really matter, p***k will still do what he likes

I'd have thought he is fuked at the mid-terms... surely in any rationale world he's gone.


But then benny's piece states the US are releasing oil from strategic reserves to lower the pump prices.

Would you put it past him to release a bucket load a week or two before midterms to push the prices down and claim he is "winning the economy"? and the dumbfuks then vote for him?



If he lost both houses, you'd have thought they can pull funding from any military adventures. No money = no missiles to fire.

Regardless of  what happens at mid terms , the US  are going  into a full scale  war.

And Britain are coming too , once they  have another go at  a false flag operation

Armagh18

Quote from: RadioGAAGAA on September 30, 2026, 11:26:45 AM
Quote from: Armagh18 on September 30, 2026, 10:56:40 AMSurely he can't get over the midterms?

Either way will it really matter, p***k will still do what he likes

I'd have thought he is fuked at the mid-terms... surely in any rationale world he's gone.


But then benny's piece states the US are releasing oil from strategic reserves to lower the pump prices.

Would you put it past him to release a bucket load a week or two before midterms to push the prices down and claim he is "winning the economy"? and the dumbfuks then vote for him?



If he lost both houses, you'd have thought they can pull funding from any military adventures. No money = no missiles to fire.
Hopefully so. Can see plenty of ICE thugs at polling stations though arresting anyone with brown skin!