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I just spent 5k on crude oil
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You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 6
Thread images: 2
I just spent 5k on crude oil
>roast me faggots
>>
>>1047264
>life savings.
>>
>>1047264
long or short?
>>
>>1047264
Before the iran has even started selling their oil? A moment of silence for your dead dollerinos.
>>
>>1048633
That's probably already been priced in.

Us producers are probably going to start defaulting at a faster rate than Iran can increase production
>>
>>1048690
>Us producers are probably going to start defaulting at a faster rate than Iran can increase production
You dun goofed! The oil will go to the most solvent company and still come to market. The dumbass petroleum engineers who wouldn't agree to hedge the production because "the Saudis need $100/bbl for their social programs" will lose their businesses in bankruptcy.
Thread replies: 6
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Thread DB ID: 437214



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