OIL is dumping like a shitcoin wtf

OIL is dumping like a shitcoin wtf

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AAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

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This is the fate of all other stonk and crypto assets, they just need more time to catch up

HAHAHAHAAHAHHAHAHAHAH

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Press F to OPEC.

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Is there any reason to not long oil down here and just leave the position open for months for the price to recover?

Yeah now is a great time to buy. Biz is too retarded to see that this is peak fear for oil in the past 50 years. Buy now desu

What about ameritards?

Buy what? Containers to put the oil?

holy FUCKING SHIT way more mid-size oil operations are gonna be collapsing

Gary?

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How come etoro is so far behind with the price? Tempted to put a short on here but theyre like a week behind with the prices wtf

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WTF THE CEO OF OILCHAIN JUST FLEW OVER MY HOUSE?

IS A EXIT SCAM IN PROGRESS?

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>eToro was founded as RetailFX in 2007 in Tel Aviv, by brothers Yoni Assia and Ronen Assia together with David Ring.

you deserve to lose all your money

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thanks OP we really needed another thread about this

There is about to be a huge oil build up and all that excess will expire in ~40 days

they do a strange calculation, it's actually current price minus some pips

it's the same on IC markets. Was wondering that, too.

It's current tradingview price minus 40 pips

WHY DID I SELL MY XOM PUTS FOR A 400€ LOSS? AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

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You fucks don't get that oil is FUCKING INVERSE to the dollar so dropping oil makes the dollar Strong so it offsets Machine going BRRRR fuck this board full of brainlet jannies no redpills anymore normies

you mean 400 pips

Well back in 2019 USA was exporting 3 million barrels a day.
US deficit is about 1 trillion dollars a year or 2.7 billion usd a day.

Assuming those 3 million barrels is 100% profit

2.7 billion / 3 million = $900 ?

Should I dump my ETFs as long they have some value? Or should I hold them? Please help I just started and allready scared to loose all

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>22.76 now crude oil tradingview
>22.36 now etoro

>oil down 36% in a day
>dxy up 0.19%
it all makes sense now

Weird, looking back over the charts sometimes theyre the same. Both about $30 on the 9th and both about $20 on the 18th last month

Sometimes there's this difference, maybe because it's not exactly crude oil.
They're not tricking because oil price is lower in buy too.
As i have seen the chart follows exactly the tw chart, but with this -40 difference

*Ahem*

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Musk has just witnessed his competition cut fuel prices by 37%. That’s not good for him.

Sauds can get away with $5

I tried warning you, oilfags.
You should have listened.

>american """"""""""""""""oil""""""""""""""""

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literally going to buy 20k USD worth of crude oil wish me luck bros

Says who?

S