GET IN HERE NIGGERS OIL IS FUCKING DED

$10/BARREL OIL

ABSOLUTE FIRESALE GOING ON

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> -40.94%

Fuck your oil nigger.

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JUMP YOU WALL-STREET OIL BARONS! JUMP! NOSE-DIVE FIRST!

How do i get my hands on some?

I have to invest!

Canada oil trading negative

This only hurts drillers. The refiners are loving this. They can look like heroes for providing cheap gasoline while pocketing most of the cost savings from oil being dirt cheap.

Where can I buy a barrel of oil?

IT'S TIME
youtube.com/watch?v=VqXBSob1QoQ

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Just bought more $UCO

Because crude isn’t gas you fucking faggot.

This.
Last time I filled my gas tank was about a month ago. It's a little econoshitter with a 12 gallon tank too. The only driving I've done is to and from work and to and from the grocery store. And there's very little traffic so I get better fuel economy.

It costs more to turn off the pumps

How will Oilniggers ever recover?

Good, that shit is overpriced as fuck because of restricted production like everything else

You are a bunch of ignorant screeching homos

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Seethe driller

Because this is literally raw oil itself, not gas you double nigger

So, how much longer until we see NUCLEAR STRIKES IN SAUDI ARABIA in the headlines?

>down 2%
>OMG U GUISE THE DOW IS CRASHING
faggot

This means we $0.20 per gallon again right?

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CHINA LIED PEOPLE DIED

bitchute.com/video/TtTfzC4jUume/

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>corn .03

Lmao what a worthless product to be invested into

>america
>farm subsidies
Oh wait that's why you're all retarded.

For the Canada shite? No. That junk oil is so fucking expensive to extract that just pulling the plug is the best move.

This oil price bs is fucking confusing. There are dozens of different prices, ranging from 28 to 10 dollars. Which one to count on?

nothing ever happens nigger

Coming back to $11.55

Crude Oil WTI

WTI Crude Oil

Kek

oh thought that is where gasoline came from. guess i shoulda watched more bill nye sex spectrum videos like you geniuses

The lowest one, because that's what everyone will buy?

Oil is not just oil. WTI = West Texas Intermediate which is an average oil price for US oil and it's what's collapsing right now. Everything is dropped, but the US is getting fucking hammered right now because their storage is fucking full and there's no demand.

>pull the plug on junk/ shale oil
>Saudis jack the price back up to $250 @ barrel
No.

Going up quick. $11.68 now.

Cool, low gas prices. How far back will this set gas prices? 2000's level? 90's?

Thanks. But what are the others then?

based. RIP sand niggers and russian jews. and on hitlers birthday too.

You made a good point though, because this does eventually trickle down into gasoline. Just not very fast

I don't know man. Think it's different types of oil maybe.

>More trump bux
>lower oil cost
I'm supposed to care why exactly?

>this shit is 2008 all over again, same news
We are trapped in the belly of this horrible machine, and the machine is bleeding to death.

Nah, this is crude oil, you buy it then refine it into the other stuff you want to make.

Prices are dependent on a lot of factors. Oil is not the same around the world, different chemical compositions, hydrocarbon variations (refineries work based splitting hydrocarbon chains, so heavier oils are generally more desirable), sulfur content is also a big factor. Other factors include transportation infrastructure and ability to move crude to market. West Texas niggers are awash in the stuff but don't have the pipeline capacity to get it all to the Gulf Coast for export. Biggest two to consider are WTI for American production and Brent, the latter serves as the best proxy for global industry price considerations.

>tfw never traded stocks
>dont own a car
keep seething, traderfags

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You won't have a job or anywhere to go, so even if the oil price is $1 you can't afford it maybe?

It's a good indicator of where the fucking global economy is at when you're selling stuff that used to go for $100 a barrel for 10% of what it was.

oil will never go away. buybuybuy

This is what I don't get.

Oil price in freefall
Everyone is unemployed
Only fraction of normal economic activity
Trade and travel curtailed
No one is spending
No one can pay rent

Biggest stockarket gains in history. Is our economy based of human misery?

Inb4 fixed oil prices to protect shale
Socialism never works unless it's for corporate private interests' benefit.

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Q predicted this
this is part of the plan

Q predicted this
indictions will be raining

the previous biggest gain was during the great depression crash

Thanks. Makes good sense.

No, cause if that was the case, the market would regulate itself, much like Bitcoin prices on different exchanges. Once the price gets too low or too high, some fucker will jizz in his pants and buy/sell the difference in order to make a quick profit. It's called arbitraging. See Explains it very well.

Q predicted this
4 more years

Oil is holding up pretty solid right now.

Q predicted this
wait for next Sunday high noon

Wasn't there supposed to be a big bust on 4/20?

You are supposed to care, because after The Greatest Crash in History comes The Greater Depression, which will he Hyperinflationary.
Translated to neetspeek;
>mommy won't be able to afford tendies if and when they can be found
>mommy wont he able to afford internet for you if and when it can be found
>you will be alone and hungry, locked down in your room.
>inb4source