JUST

JUST

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>us crude oil price collapses
>pic of saudi salman

F

you do know that its the us crude oil price going down right ?

>WTI is the same as brent

it all burns the same you fucking dimwit

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Tourists get the fuck off my Yas Forums

Now, get down and suck the dick of your master Mohammed bin Salman bin Abdulaziz al-Saud who is just destroying the US's fracking industry.

kekw, US threatened to pull its troops out of Saudi Arabia and they shit themselves so hard that they almost immediately made a deal with Russia

Retard

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Literally a brainlet. That’s what you deserve USA for fucking with opec

the saudis are the ones pumping. they're pushing prices down on purpose to hurt other oil producers. They have a lower break-even price than anyone else, and enough cash reserves to keep pumping at a loss for decades.

I bet another attack from "Iran" happens to saudi oil fields

Its not like the Sauds are THAT stupid. They probably have diversified their money.

>he hasn't seen the new IMF report
They're fucked m8

ya they totally invested in their ow military to replace ours to secure their oil fields, totally.

based

even dumber, WTI is AMERICAN oil, the only one going bankrupt here is the US

Yea if you count Sudanese retards dying in Yemen as mercenaries an economic diversification, then yes.

so do you literally get paid to get those stocks right now?

They were only starting to look at alternatives to oil, but their entire economy still runs on it.

Commodity capitalism to intellectual capitalism:
m.youtube.com/watch?v=7nFbKzt-uwE

>it all burns the same you fucking dimwit
no.. Crude oil is just the unprocessed oil you extract, from there it needs to be refined at various degrees to be used as fuel for combustion engines. The different type of crude oils have different prices because they require different amount of processing to make it "fuel".
So it does not burn all the same.

time for Operation Saudi Freedom?

Nope, they are definitely that stupid and then some

Imagine trading an incredibly useful and real barrel of oil for negative 36 fiat paper rectangles.

1 barrel of oil = 1 barrel of oil, just HODL!!

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Can I become an oil prince now?

They are that stupid. They got played like a fiddle.

Americans are getting fucked, the US is going to lose trillions just to sell-buy all that oil to Saudi Arabia

Salman better stay away from small aircraft now, just sayin'. They wanted to corner the market, not crash this low. He has a lot of checks to write for his shithead family every month, and he's gonna be short this month.
All Trump has to do is announce tariffs, and Salman is bye bye.