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Showing posts with the label oil

Trump flips the 'off switch 'again on Iran, deciding not to launch a massive "ww2" attack on Iranian "targets" . Oil collapses over 8%, YEN goes bid, USD sells, and Treasuries rally. Is his trading desk with his thermonuclear red button, lit up readying for midterms in November?

Trump is bombing Iran again, after the reload pause. Is the $80 oil per barrel price his put"?

self explanatory chart: Oil goes super bid cracks the $86 resistance, as Trump threatens Iran with a bridge and powerplant a day to blow up, ala targeting civilian infrastructure in Iran. Precursor for a 'lite' invasion is probably on the cards.

self explanatory chart. WTI surges over 7% on Trump's bombing of Iran (again), which is less of a warning, but more of a rekindled attack on the nation. This time, Israel has not been invited, appeasing both his eveganical and nationalist camps, thus capping Iran's counter attack response to Israel, and keeping Trump's far right crazies at bay, and their 'Israel controls America' bullshit. Will Trump set up a Iranian island invasion as a prize before his midterm votes?

Oil spikes, as Trump issues sanctions/tariffs/blacklists on China's mainland refineries for purchasing Iranian oil, at the cusp of the Gaza ceasefire.

Self explanatory chart: Oil is now trading above its 3 month average price of $63, and may settle above $65 on the back of Russian tensions and possible 100% tariffs on China and India, re: Russian oil purchases

Oil rises based on Geopolitical re: Russian, Ukraine war. Trump and NATO may offer a stronger response to Russia's persistent attacks on Kviv, Ukraine, and NATO airspace being breached.

Oil stays bid, on the Federal reserve cutting 0.25% from the benchmark rate. pressured by President Trump. Stagflation which has been lite for over 2 years, may become more evident on USD weakness, Fed cutting 0.50% towards the end of the year, and food/oil/energy costs skyrocketing. You voted for him.

Self explanatory chart, oil stays bid over $63.50. Trump sends U.S. warships to be stationed off the coast of Venezuela

China falling demand, plus oil glut, plus Russian oil sanctions, keeps the oil price above $65, which is a sweet spot for oil prices. But, any sign of an economic global crash and/or stagflation/geopolitical and this thing could go either way. precarious.

Oil spikes to a 2 month high, as President Donald Trump orders staff of the U.S. Baghdad embassy in Iraq to leave and also staff in Bahrain, Kuwait and the United Arab Emirates, in a possible sign that Iran will be military by the U.S. and Israel.

Trump declarers a full blown trade war with China, threatens 50% Tariffs on all Chinese imports, his neocon on/off supporter's will be happy oil is descending into a bear market. At this point in time, trump, despite his Fascist economic playbook, will do what he likes. As he has collapsed the oil price. It's all about cheap, carbon producing energy.

As reluctant i am in saying this, Trump hammering wall street and the banks, maynot actually hammer the economy. He may, unfortunately, come across as a sort of paleolibertarian 'hero' to the misinformed. As he has always had a love/hate with Wall Street. Oil collapses, for the consumer, to 2018 levels. America will not face a recession.

Oil crashes, after Trump's global Trade war. May send America's trading partners into a recession, but not the US. If the Fed cuts rates, could make things worst in an already priced out economy. CHaos. (update 1)

Oil spikes to $71.66 per barrel, after Trump stands firm on his tariffs threats on India and China, and possible reinstating sanctions on Russian oil exports. Is Trump going around in circles, bluffing or playing brinkmanship with Putin? With Ukraine in the middle. Trump wants to bomb Iran.

Oil surges, as Trump threatens sanctions/tarrifs on Russian oil exports. How will Trump stop Putin's 'shadow' fleet of oil tankers? Dictator brinkmanship?

Trump is sworn in as President 2.0, nearly Ten years later, he is having another shot at absolute power. Starting with executive orders to drill all of Alaska for oil, and pull AMerica out of the Paris Climate accord of 2016, for a second time. Oil price dives over 1.30%

self explanatory chart: Oil price under pressure on China's recession. Selling at $73, slightly supported by possible stalled Gaza ceasefire talks. Please refer to price notes for the 13th, 16th and 19th August.

Oil is bid over $73, as Hezbollah probes Israel's missile defense shields with a larger than usual drone attack. Will Israel preemptively launch a massive attack on Lebanon? And will Iran, then attack Israel? (update 2)

Oil is bid over $73, as Hezbollah probes Israel's missile defense shields with a larger than usual drone attack. Will Israel preemptively launch a massive attack on Lebanon? And will Iran, then attack Israel? (update 1)