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gab13by13

(32,466 posts)
Tue Apr 14, 2026, 09:43 AM 11 hrs ago

I See The Crude Oil Market Is Being Manipulated Today

The US blockade of Hormuz is supposed to reduce 2.3 million Bpd of oil, but;

WTI down 3.5%
Brent down 2%

What a fucking joke, maybe based on another round of Kabuki Theater negotiations going on, Krasnov wants a cut of the toll.

4 replies = new reply since forum marked as read
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I See The Crude Oil Market Is Being Manipulated Today (Original Post) gab13by13 11 hrs ago OP
Or... ProfessorGAC 10 hrs ago #1
There's a war going on in the ME. gab13by13 10 hrs ago #2
The gap between futures and actual brent oil Johonny 10 hrs ago #3
Did you invest $$$ buying long? MichMan 6 hrs ago #4

ProfessorGAC

(76,920 posts)
1. Or...
Tue Apr 14, 2026, 10:46 AM
10 hrs ago

...the original increases were a typical overreaction to an event by the commodity marketeers.
Everything is not a conspiracy, especially when looking for reasons in an irrational system.

gab13by13

(32,466 posts)
2. There's a war going on in the ME.
Tue Apr 14, 2026, 10:49 AM
10 hrs ago

Ukraine is blowing up Russia's oil infrastructure. OPEC output has been down.

When a Democrat is president and refineries shut down to switch blends, gasoline jumps up 50 cents a gallon.

Johonny

(26,306 posts)
3. The gap between futures and actual brent oil
Tue Apr 14, 2026, 10:55 AM
10 hrs ago

Would indicate either the market is extremely optimistic of the future market compared to oil on sale right now, or the historic gap in prices is a sign of manipulation. Sense few of us deal in commodity markets, I think we should all be safe. Some speculators might not be so safe.

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