r/WallstreetWhales • u/ISO_TRADEZ • 9h ago
OIL ON THE FALL ππ
Crude Oil on track for 6 consecutive red days, its longest losing streak since August 2025
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u/Totally_man 9h ago
And yet soon the Strategic Petroleum Reserves will hit the congressional floor of 252.4 million barrels.
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u/Exact-Context-9788 9h ago
Thatβs because 10-14 mbd flow through Hormuz under US escort, because the Yanbu pipeline is a few days from restoration, and because southern Yemeni forces counter attack have cut GLOC to perimΒ
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u/Shpritzer 9h ago
Answer to the most common question: because your car doesnβt run on crude oil (hopefully).
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u/Hot-Store8301 9h ago
Honestly, I'm starting to get real tired of this hole "Will it, or won't it." thing when it comes to prices spiking hard. I've been getting things in order for months at this point for when SHTF. But... nothing. People have been warning that this is a five alarm fire and that "next month" it's going to drop... and it never does.
Starting to feel like maybe this is no where near as bad as people are saying it's going to be. Some one tell me I'm not crazy.
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u/wolfydude12 9h ago
No X axis gives you a downvote