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Andy823

(11,495 posts)
Tue Sep 17, 2019, 03:35 PM Sep 2019

Oils stocks plunge

https://finance.yahoo.com/news/stock-market-news-september-17-2019-123644904.html

Down nearly 6% . That didn't take very long.

Saudi energy minister Prince Abdulaziz bin Salman said in a press conference Tuesday that oil production capabilities had been restored and oil output would recover to normal levels by the end of September. This follows a slew of disparate estimates on when the 5.7 million barrels per day of disrupted output would come back online. Reports of attacks on key production centers in Saudi Arabia had previously pushed oil prices to post their biggest intraday price gain on record on Monday.

Wonder how much money trump, his family and friends are making off of this?
11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

Andy823

(11,495 posts)
10. Makes sense
Tue Sep 17, 2019, 07:47 PM
Sep 2019

A lot of trumps gang could be in big trouble in the coming months, and after trump gets out of office.

BumRushDaShow

(128,906 posts)
11. It also sounds like a "Squirrel!!!111!!" moment
Tue Sep 17, 2019, 07:48 PM
Sep 2019

(knowing Lewandowski would be testifying this week)

OAITW r.2.0

(24,467 posts)
4. For such a disaster, sure did not take long to come back on.
Tue Sep 17, 2019, 04:02 PM
Sep 2019

Politics and markets are running the show to divert world attention. The Sunni's would be quite happy for the US to do a war with Iraq. Is this really in our US strategic interests?

safeinOhio

(32,674 posts)
5. I'm a little guy, but
Tue Sep 17, 2019, 04:17 PM
Sep 2019

at least I filled up at $2.34 and it's now $2.75 and I won't need any more until it drops.

Andy823

(11,495 posts)
9. I filled up today at the same price
Tue Sep 17, 2019, 07:45 PM
Sep 2019

as last month. Not saying it won't go up later. This whole "locked and loaded" crap was meant to pump up oil prices so the big boys could make some fast money.

 

Joe941

(2,848 posts)
7. The wall street fat cats are making money hand over fist...
Tue Sep 17, 2019, 04:33 PM
Sep 2019

Meanwhile the little guy is being destroyed.

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