Crude Oil Set To See Its Largest Weekly Loss Since July 2025

[gab13by13]

The war in the ME is escalating in Lebanon

Ceasefire or not, Hormuz is still closed.

Saudi Oil Fields have been damaged significantly

OPEC+ output collapsed in March

Ukraine is still bombing/droning Russian oil infrastructure

Crude oil is below $100/barrel, if a Democrat were president it would be $200/barrel

For the people of DU who think this is a right wing talking point I need to explain this in detail so that you understand what I am saying. I am not knocking Democratic presidents, I am saying that the markets, all of them, protect Republican presidents and go after Democratic presidents. For the people here who can't understand what I am saying, then go after me again for saying it, but at least have the courtesy to telling me who you are who disagree with me.

Oil should be at least $200/barrel today with all that is going on in the ME, a fucking war is going on. 8 to 10 dollar a gallon gasoline and diesel would cripple Krasnov. The market is protecting him.

You bet I am still pissed.

https://www.msn.com/en-us/money/markets/oil-ignores-escalation-logs-biggest-weekly-drop-since-2025/ar-AA20B3Og?

[harumph]

1. Concur. It's like people thinking that the legacy media is anything but a loss leader for oligarchs.

The market is so corrupted, it no longer about risk and loss - but about power and making sure the firehose of grift is maintained.
I used to believe the saying "Le secret des grandes fortunes sans cause apparente est un crime oublié, parce qu’il a été proprement fait." was an exaggeration. Not anymore.
Expose all shell companies. Claw back ill gotten wealth. Jail fraudsters - in a real jail - for a non-trivial term.

[gab13by13]

2. The American dream isn't about working hard,

saving money, buying a house, sending your kids to college.

The American Dream is about "vulture capitalists" who raid companies, sell off the best parts of the companies and put millions of people out of work.

Krasnov has put these kind of people in his cabinet and yet because of a propaganda MSM, the unwashed Magats adore this corrupt, pedophile, piece of shit.

Krasnov gave away the house to the fossil fuel industry and now it will do whatever it can to protect him.

[Strelnikov_]

5. " . . loss leader for oligarchs"

Good description.

[OC375]

3. Systems fight to survive

“Rich” is a powerful drug.

[mopinko]

4. going back to jimmy carter.

not enough ppl seem to realize that the oil shock was manufactured specifically to take down the guy who saw the future of renewable energy.
they not only took him down, they set back renewable for decades.

[Buckeyeblue]

6. Big oil has and continues to collude with Republicans

If the current situation was happening under a Democratic administration--which it would not--oil would be significantly higher. There would be shortages of gas and all the chaos that comes with that.

I've thought the lower price of gas under Trump--when literally everything else was going up--was definitely a manipulation of the oil maket.