A: Iran
https://www.youtube.com/watch?v=zBGPw_LBiRA
Posted on 05/08/2018 8:38:34 AM PDT by bananaman22
Oil prices dropped early on Tuesday as market participants await the decision of U.S. President Donald Trump on the Iran nuclear deal at 2:00 p.m. today.
President Trump tweeted on Monday that he would announce his decision on whether to waive sanctions on Iran at 2:00 p.m.
At 11:35 a.m. EDT on Tuesday, WTI Crude was down 3.65 percent at $68.10 and Brent Crude was down 3.02 percent at $73.87.
(Excerpt) Read more at oilprice.com ...
Crash?
~ $70 bbl is not anywhere close to the bottom.
Call me when it hits $40......................
Drop that zero off the end and I’ll be happy.
Misleading headline. This is not even near a crash.
“Crashing” funny, its a $50bbl commodity everything over that is artificial manipulation.
CNN is breaking that he is not pulling out and the NY times is breaking that he is.
If the price is going down then that means that the market believes that Trump will stay in the agreement and there will be no interruption of production. If they thought there would be an interruption due to renewed sanctions, war, etc., then the price would be going through the roof. I suspect that the Europeans have assured the markets that there will be no interruption regardless of what Trump does.
lol That’s funny.
I bet they’re both right. I think he’ll propose some kind of hybrid: “We’re ending it, but offering a 6 months continuation while we renegotiate”.... or something like that.
Well, we already paid Iran the Money and now we find out the Obama Regime knew they were cheating.
If we pull out do we get the money back? LOL
” $70 bbl is not anywhere close to the bottom.”
Concur. Stupid headline.
almost 4% down looks like a bit of a crash to me...
Look at the graph.. lol
Are they talking the Iran deal or Stormy Daniels?
Gosh, that 3.5% drop is bad news. Think I'll fill the tank today. Thanks bananaman22.
Crash ? If GW Bush saw a cload it would go up ,LOL
CNN is breaking that he is not pulling out and the NY times is breaking that he is.
~~~~
Someone testing leak channels?
After the treaty was signed they continued to build nuclear weapons and hide them from inspectors.
It is a fact!
How can anyone think a non verifiable agreement with a country like iran could work? They refuse surprise nuclear inspections and refuse any access to any as they define military site in the country. Of course that signals that all the no-no work is done in their military protected sites. But meanwhile the west and the EU must continue to pay and kiss their Persian asses as they laugh at fooling the gullible kuffirs. Yep, time to torpedo this do nothing for any country but iran deal Mr President. Pull the US out.
Its a noticeable intraday decline in the low single digits but its far from being a “crash”. We may yet see a further decline, but as of now, a 4% drop is just noise.
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