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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOils stocks plunge
https://finance.yahoo.com/news/stock-market-news-september-17-2019-123644904.htmlDown nearly 6% . That didn't take very long.
Saudi energy minister Prince Abdulaziz bin Salman said in a press conference Tuesday that oil production capabilities had been restored and oil output would recover to normal levels by the end of September. This follows a slew of disparate estimates on when the 5.7 million barrels per day of disrupted output would come back online. Reports of attacks on key production centers in Saudi Arabia had previously pushed oil prices to post their biggest intraday price gain on record on Monday.
Wonder how much money trump, his family and friends are making off of this?
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Oils stocks plunge (Original Post)
Andy823
Sep 2019
OP
SWBTATTReg
(22,191 posts)1. I wonder about this too. Someone made money off this event...nt
durablend
(7,467 posts)2. Pumped their IPO up a bit too I'd imagine....
BumRushDaShow
(129,883 posts)3. I suppose some folks had to get some quick money to pay for lawyers?
Andy823
(11,495 posts)10. Makes sense
A lot of trumps gang could be in big trouble in the coming months, and after trump gets out of office.
BumRushDaShow
(129,883 posts)11. It also sounds like a "Squirrel!!!111!!" moment
(knowing Lewandowski would be testifying this week)
OAITW r.2.0
(24,737 posts)4. For such a disaster, sure did not take long to come back on.
Politics and markets are running the show to divert world attention. The Sunni's would be quite happy for the US to do a war with Iraq. Is this really in our US strategic interests?
real Cannabis calm
(1,124 posts)6. War is in Trump's interest to divert attention away from his crimes
safeinOhio
(32,744 posts)5. I'm a little guy, but
at least I filled up at $2.34 and it's now $2.75 and I won't need any more until it drops.
Andy823
(11,495 posts)9. I filled up today at the same price
as last month. Not saying it won't go up later. This whole "locked and loaded" crap was meant to pump up oil prices so the big boys could make some fast money.
Joe941
(2,848 posts)7. The wall street fat cats are making money hand over fist...
Meanwhile the little guy is being destroyed.
durablend
(7,467 posts)8. Stop talking like that
Too divisive. Might hurt some politicians fee fees.