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@moira@mastodon.murkworks.net · Apr 18, 2026
Oil market's close for the weekend. No boats crossing the usual strait channels yet, but looks like a lot of boats are lining up to try it from the Persian Gulf. It seems reasonable to me that crews trapped in the Gulf would be more willing to risk the uncertainty than those waiting around outside. #oil #OilPrice #IranWar #Ceasefire #StraitOfHormuz
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@moira@mastodon.murkworks.net · Apr 13, 2026
bouncing off $105, bounce bounce bounce #oil #OilPrice
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@moira@mastodon.murkworks.net · Apr 02, 2026
I see oil traders saw the Shitstain's speech #oil #OilPrice #iran #war #insane #WarCrimes #FuckTrump #FuckTheGOP #FuckRepublicans #economy
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@moira@mastodon.murkworks.net · Apr 02, 2026
..and they diiiiiiid not like it! #oil #OilPrice #iran #war #fascism #morons #fools #FuckTrump #FuckTheGOP #FuckRepublicans #economy
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@moira@mastodon.murkworks.net · Apr 12, 2026
EXCITING IT IS! The closed price is still up for some reason, but we're up like $950 in opening trades #oil #OilPrice #IranWar #war #iran #PresidentShitstain #FuckTrump #FuckTheGOP #FuckRepublicans
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@moira@mastodon.murkworks.net · Apr 07, 2026
spicy! #oil #OilPrice #iran #war #FuckTrump
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@AH_99@mastodonapp.uk · Apr 04, 2026
Nice to see that Trump's confidence speech has brought the global oil market back under control ... 🙄 #Trump #OilPrice
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@moira@mastodon.murkworks.net · Apr 02, 2026
Oil up $8.03/barrel since right before the speech, 8.2% in the overnights, this is a massacre #economy #oil #OilPrice #fascism #iran #war #FuckTrump #FuckTheGOP #FuckRepublicans
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@moira@mastodon.murkworks.net · Apr 02, 2026
@josh0@babka.social "Scene in SPACE with Artemis II astronauts looking out of their SHIP while a BARREL OF OIL rockets past them" is _absolutely_ the editorial cartoon we need today. only question is whether President Shitstain is riding the barrel akin to Slim Pickens in Doctor Strangelove #oil #Iran #OilPrice #Artemis #Artemis2 #trump #PresidentShitstain #DoctorStrangelove
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@moira@mastodon.murkworks.net · Apr 02, 2026
Okay, oil seems to hate settled in for now at a $6/barrel jump following the shitstain's verbal squirts - at least for the moment. This is as aftermarket as you get for oil, really, so reactions can be either muted or exaggerated - but a jump like this at this time of day is a bike yikes under any circumstances #oil #OilPrice #economy #iran #war #FuckTrump #FuckTheGOP #FuckRepublcians #fascism
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@moira@mastodon.murkworks.net · Mar 28, 2026
Just want to talk about this briefly: The oil market doesn't close during the week. Not actually. There's a "close of day" each day which functions as a checkpoint, but it really stays open. It does, however, close for the weekend. This is the first weekend close over $100 in this whole Iran mess. And if you look at the checkpoints, it's also the first _checkpoint_ over $100 during this time. There's been intra-day trading higher, but not a checkpoint or an actual market close. And that's going to be staring people in the face over the entire weekend. Particularly in Europe, which is North Sea rather than West Texas, and even more expensive, at $106.29. (1/5) #OilPrice #economy #economics
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@moira@mastodon.murkworks.net · Mar 28, 2026
And that's before real shortages. We haven't hit that yet. Slovenia made noise for starting to ration fuel purchases a few days ago, but that's not about pure supply, that's about keeping a lid on gas-price tourism within the EU. So we don't have shortages yet. But as strategic reserves draw down, eventually there simply won't be enough oil to meet current demand, at which point only a few things can happen, all of which simplify down to demand destruction. (3/4) (bad at counting lol) #OilPrice #economy #economics
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@moira@mastodon.murkworks.net · Mar 09, 2026
Marketwatch this morning report that overnight's reversal - a stunning leap in oil prices followed by a dramatic drop to merely a significant rise in oil prices - was in fact triggered by reminders of strategic oil reserves held across the G7, which led immediately to talk of _releases_ of oil by those reserves, even though none have been announced. And that stemmed the panic. For context, check earlier in this thread, or for more context, here's a five-day chart. Actual price in oil hit just short of $120/barrel at $119.48 before people got some talking to. #economics #economy #oil #OilPrice
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@moira@mastodon.murkworks.net · Mar 09, 2026
_Discussions_, apparently. Or a global recession play. Don't know. Or Asian markets locking in as much supply as they can and getting done making certain guarantees. Persian Gulf goes lots of places but a _lot_ of it goes to eastern Asia. I'm looking for news to trigger this reversal but not seeing it. #economics #economy #oil #OilPrice
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@moira@mastodon.murkworks.net · Mar 09, 2026
@david@fouroclockfarms.club It's been bouncing off $116 for a while, either somebody (possibly private) with storage is taking profits or somebody (probably governmental) with storage is buffering the rise. #economics #oil #OilPrice #economy
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@moira@mastodon.murkworks.net · Mar 09, 2026
Asia having "fun" Monday morning - Nikki down almost 7%, Asia Dow overall down 5.7%, everything's an adventure now #economics #oil #OilPrice #StockPrice #AsiaDow #nikkei
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@moira@mastodon.murkworks.net · Mar 09, 2026
A sane US president would be talking about strategic reserve releases _tonight_. But if Shitstain were sane, and if the Republican Party was sane, we wouldn't fucking be here, now would we? #economics #oil #OilPrice #us #UnitedStates #war #iran #fascism #FuckTheGOP #FuckRepublicans #FuckMaga #FuckTrump #CascadiaNow
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@moira@mastodon.murkworks.net · Mar 09, 2026
Y'know, people were talking about $125 a barrel within a week, I wasn't ruling it out but I didn't think we'd be queueing up for it on Monday morning #economics #oil #OilPrice #economy #FuckTrump #war #iran #unitedStates #us #CascadiaNow
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@moira@mastodon.murkworks.net · Mar 09, 2026
meanwhile, yikes these are not futures, this is live trading #markets #oil #OilPrice #fascism #us #UnitedStates #iran #war #CascadiaNow
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@moira@mastodon.murkworks.net · Mar 06, 2026
@attoparsec@clacks.link It's also more money in Russia's coffers and I have not failed to notice that. #oil #fascism #iran #war #UnitedStates #us #russia #OilPrice
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