Oil Blows Past $100 Per Barrel - Experts Warning $200 Possible

new orders from Bibi.
LOL

Trump's taking over the strait.

He'll kill them a million times.

20260310_000815.webp
 
Prices are only hovering around +50% since last week. :rolleyes:



Oil prices hovered around $90 per barrel Tuesday after Saudi Arabia’s oil giant Aramco said the Iran war threatens “catastrophic consequences” for global energy markets the longer the conflict rages.

Brent crude, the global benchmark, was down 7.1% at $91.94 per barrel by 9:29 a.m. ET. U.S. crude oil fell 6.2% to $88.87 per barrel. The declines came after oil briefly surged as high as almost $120 on Monday.

“There will be catastrophic consequences for the world’s oil market,” Aramco CEO Amin Nasser said. “While we have faced disruptions in the past, this one by far is the biggest crisis the region’s oil and gas industry has faced.”

Energy ministers from the Group of Seven nations are scheduled to meet Tuesday to discuss a possible joint release of stockpiles to help ease the supply disruption caused by the war, sources told CNBC.
 
Prices are only hovering around +50% since last week. :rolleyes:



Oil prices hovered around $90 per barrel Tuesday after Saudi Arabia’s oil giant Aramco said the Iran war threatens “catastrophic consequences” for global energy markets the longer the conflict rages.

Brent crude, the global benchmark, was down 7.1% at $91.94 per barrel by 9:29 a.m. ET. U.S. crude oil fell 6.2% to $88.87 per barrel. The declines came after oil briefly surged as high as almost $120 on Monday.

“There will be catastrophic consequences for the world’s oil market,” Aramco CEO Amin Nasser said. “While we have faced disruptions in the past, this one by far is the biggest crisis the region’s oil and gas industry has faced.”

Energy ministers from the Group of Seven nations are scheduled to meet Tuesday to discuss a possible joint release of stockpiles to help ease the supply disruption caused by the war, sources told CNBC.
Deepest sympathizes....
 
Prices are only hovering around +50% since last week. :rolleyes:



Oil prices hovered around $90 per barrel Tuesday after Saudi Arabia’s oil giant Aramco said the Iran war threatens “catastrophic consequences” for global energy markets the longer the conflict rages.

Brent crude, the global benchmark, was down 7.1% at $91.94 per barrel by 9:29 a.m. ET. U.S. crude oil fell 6.2% to $88.87 per barrel. The declines came after oil briefly surged as high as almost $120 on Monday.

“There will be catastrophic consequences for the world’s oil market,” Aramco CEO Amin Nasser said. “While we have faced disruptions in the past, this one by far is the biggest crisis the region’s oil and gas industry has faced.”

Energy ministers from the Group of Seven nations are scheduled to meet Tuesday to discuss a possible joint release of stockpiles to help ease the supply disruption caused by the war, sources told CNBC.
Oil dropped 7% today and will continue to drop
 
As long as they don't rise to Biden era pricing we'll be okay.
Prices were market driven back then. They are Trump policy driven now. One was unavoidable and just jerkoff material for you and the other is avoidable and illegal.
 
Prices were market driven back then. They are Trump policy driven now. One was unavoidable and just jerkoff material for you and the other is avoidable and illegal.
Visions of gas prices and body bags dancing in your head.....
 
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